CA calls for ‘regional integrated economic strategy’

Emphasising the potential of cross-border collaboration in hydropower, healthcare and road connectivity, Chief Adviser Professor Muhammad Yunus on Monday called for an ‘integrated economic strategy’ among Bangladesh, Nepal, Bhutan and the seven North Eastern States of India.

“We have more to gain together than apart,” said the Chief Adviser during a courtesy call paid by Deputy Speaker of House of Representatives of the Federal Parliament of Nepal Indira Rana who is currently visiting Bangladesh to attend an event organised by the Embassy of Nepal in Dhaka.

Professor Yunus stressed the urgencyChief Adviser during a courtesy call paid by Deputy Speaker of House of Representatives of the Federal Parliament of Nepal Indira Rana who is currently visiting Bangladesh to attend an event organised by the Embassy of Nepal in Dhaka. of fostering regional cooperation through shared infrastructure and energy initiatives.

“There should be an integrated economic plan for Bangladesh, Nepal, Bhutan and the Seven Sisters,” he said, referring to the northeastern states of India.

One of the key points of discussion was cooperation between Bangladesh and Nepal in the hydropower sector.

Referring to the Bangladesh-Nepal-India Tripartite Power Sales Agreement that was signed last October to import 40MW hydropower from Nepal to Bangladesh using the Indian grid, both sides emphasised the importance of having more hydropower initiatives on a larger scale.

The Chief Adviser also reiterated Bangladesh’s commitment to expanding healthcare access across the region.

“Our upcoming 1,000-bed hospital in Rangpur will be open to patients from Nepal and Bhutan as well. We believe in regional health security and shared prosperity,” he said.

Deputy Speaker Indira Rana conveyed Nepal’s interest in deepening bilateral ties across sectors. “All our parliamentarians want to work closely with Bangladesh. We’re serious about strengthening our economic partnership and boosting people-to-people connections,” she said.

The Deputy Speaker highlighted the significant presence of Nepali students in Bangladesh, noting that over 2,700 are currently studying in Bangladeshi institutions, primarily in medical colleges.

She praised the quality of education and called for more educational exchanges and academic cooperation between the two nations.

The two sides also discussed enhancing physical connectivity.

The Chief Adviser noted that improving direct road links with Nepal would significantly lower trade costs and ease the movement of people and goods across the region.

Nepalese Ambassador to Bangladesh Ghanshyam Bhandari, SDGs Affairs Principal Coordinator Lamiya Morshed and Director General at the Ministry of Foreign Affairs Ishrat Jahan attended the meeting.