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Nepal Seeks Deeper Economic Ties With US Focused On Digital Innovation, Clean Energy


ABC NEWS
१० भदौ २०८३, बुधबार   ३ : ५५   बजे

Kathmandu— Nepal’s Foreign Minister Shisir Khanal has advocated for a strategic refocus of economic cooperation with the United States on digital innovation, clean energy, and expanded trade. Speaking at an event commemorating the 250th anniversary of American Independence in Kathmandu, Khanal emphasized the need to move beyond traditional ties and prioritize investment, technology, and entrepreneurship. He highlighted opportunities to connect Nepal’s skilled workforce with US capital and innovation systems while also promoting sustainable development initiatives.

Strengthening Digital Cooperation

Minister Khanal identified digital transformation as a crucial area for collaboration, emphasizing the potential of linking Nepal’s IT professionals and youth with the US innovation ecosystem. He expressed a desire to connect Nepali talent with American capital and resources, fostering growth in the technology sector.

Clean Energy and Climate Resilience

Expanding cooperation on clean energy and climate resilience was presented as another key priority. Khanal specifically mentioned sustainable hydropower development, cross-border transmission infrastructure, and preservation of the Himalayan ecosystem as focal points for joint efforts. This focus aligns with Nepal’s commitment to sustainable practices and addressing climate change challenges.

Engaging The Nepali Diaspora

Khanal also underscored the importance of leveraging the Nepali diaspora in the United States to contribute to Nepal’s economic transformation. He proposed facilitating technology transfer, strengthening trade relations, and fostering entrepreneurship through connections with overseas Nepali communities.

The Minister’s remarks signal a desire for a more focused and strategic partnership between Nepal and the US, prioritizing areas that can drive sustainable economic growth and development.

 

Originally published on abcnews.com.np.

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