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बेसिक इंग्लिश का दूसरा सत्र (कक्षा प्रारंभ : 22 अक्तूबर, शाम 3:30 से 5:30)
SAARC Energy Agreement Signed
Dec 01, 2014

Foreign Ministers of the eight countries signed an agreement on energy cooperation in the presence of their heads of state during the concluding ceremony of the 18th SAARC Summit.  The Ministers signed the SAARC Framework Agreement for Energy Cooperation (Electricity).

The agreement will enable greater cooperation in the power sector among South Asian countries. It is expected to improve power availability in the entire SAARC region and would facilitate integrated operation of the regional power grid.

Pakistan had opposed the energy pact citing non-completion of internal process but finally agreed to sign it after heads of states and governments took up the matter with Pakistan Prime Minister Nawaz Sharif at a retreat session in a resort in Dhulikhel.

Two other agreements would be signed later after the Transport Ministers of these countries reviewed them. These two agreements are Regulation of Passenger and Cargo Vehicular Traffic amongst SAARC Member States, and SAARC Regional Agreement on Railways.

At the end of the two-day SAARC summit, which took place after a gap of three years, a Kathmandu Declaration was adopted which said the leaders recognised that after nearly 30 years of its existence, it was time to reinvigorate SAARC’s regional cooperation and revitalise the bloc as an effective vehicle to fulfill the developmental aspirations of the people.

The First Meeting of the SAARC Energy Ministers was held at Islamabad in 2005. This was the fifth meeting of the Energy Ministers held after a gap of three years.

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