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India is embarking bigger power ties with SAARC Nations: Piyush Goyal

Updated: Sep 30, 2015 05:29:50pm
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New Delhi, Sept 30 (KNN) Piyush Goyal Union Minister of State (IC) for Coal, Power and New and Renewable Energy said that India is embarking bigger power ties with SAARC Nations.

While speaking in valedictory function of South Asian Economic Conclave organised by the Confederation of Indian Industry (CII) here today, the Minister said that in terms of expanding business, regional cooperation has become mantra of the day.

He further said that SAARC Countries have shared heritage which can become base of knowledge sharing, trade and commerce among them.

He also mentioned that economic integration not just leads to inclusive growth of the people living in these countries but also contribute in maintaining peace and harmony among nations.

Goyal further emphasised that the regional economies could leverage the unique strengths of each other to drive growth and development in the region. He said that such a concerted effort will resonate with Prime Minister Narendra Modi’s vision of one-ness of South Asia. 

Goyal underlined the enormous potential for extensive energy cooperation between the South Asian economies. He made a mention of the strident progress achieved in India’s bilateral energy cooperation with Bangladesh, Bhutan and Nepal and the ongoing efforts to build similar engagements with Sri Lanka. (KNN Bureau)

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