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Dhaka calls Kathmandu for power

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Bangladesh is interested in importing 1,000 megawatt (MW) electricity from Nepal to meet its increasing demand for power.

Foreign minister Dipu Moni expressed the interest when Nepal's new ambassador to Dhaka, Hari Kumar Shrestha, called on her at her office on Monday, according to a foreign ministry press release.

There is a need for countries in the region to work together to harness hydropower and water resources for mutual benefit, Dipu Moni told Shrestha.

Bangladesh, she said, is interested in being an equity partner or shareholder of Sapt-Kosi high dam project. "This is the most opportune moment for countries of South Asia to explore synergies for mutual benefit," she added.

CTG AND MONGLA PORTS

Moni said Bangladesh had already offered Nepal and Bhutan access to Mongla and Chittagong ports.

After signing the standard operating procedure (SOP) between Bangladesh and India, Nepalese cargo vehicles are allowed to enter up to 200 meters from zero point at Banglabandha land port and it would help facilitate bilateral trade between Bangladesh and Nepal, she observed.

Moni said the government plans to complete multi-gauge conversion of the Birol-Radhikapur railway sector by 2012. This, she said, would ease passage of Nepalese cargo.

She also mentioned the signing of addendum to a memorandum of understanding between Bangladesh and India granting Rohanpur-Singabad as an additional route for rail transit to Nepal.

Bangladesh has already transported 50,000 tonnes of fertiliser through this route as a one-time case.

PEACE PROCESS IN NEPAL

According to Moni, Bangladesh is observing the ongoing 'peace process' in Nepal with great interest and supports the process of democratic institution-building in that country.

She also expressed hope that aspirations of the people of Nepal would be fulfilled with adoption of a Constitution that best suits their needs.

BILATERAL TRADE
Noting that bilateral trade was far below the potential, the foreign minister sought the Nepal ambassador's personal initiative to get private sectors actively involved in enhancing trade link between the two countries.

The two also discussed various aspects of mutual interest and exchanged views on ways to infuse dynamism into bilateral ties.

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