Frustration over weak economic diplomacy

Magh 17, 2081

Pathak Patra

Frustration over weak economic diplomacy

We use Google Cloud Translation Services. Google requires we provide the following disclaimer relating to use of this service:

This service may contain translations powered by Google. Google disclaims all warranties related to the translations, expressed or implied, including any warranties of accuracy, reliability, and any implied warranties of merchantability, fitness for a particular purpose, and noninfringement.

Sunita Baral's article on 'Economic Diplomacy and Climate Justice', published in Kantipur on Wednesday, is related to the issue of the country's dire situation due to political short-sightedness and the negative impact of climate change.

International organizations have been helping the world's rich and poor countries to overcome their economic and social weaknesses for a long time. We are not unaware of the fact that organizations such as World Trade Organization, International Monetary Fund, World Bank, Asian Development Bank and other organizations are conducting successful activities in the sphere of economic diplomacy of the world. However, due to the fact that some countries have reached the peak of prosperity as the race of development progresses, a new wave is spreading in the economic diplomacy of the world, and incredible competition has increased on the stage.

Many countries have risen through coordination, partnership, and cooperation with others, with economic diplomacy at the center, but there are also those who move forward with courage alone. From natural resources to the tourism industry, information technology, industrial products, weapons and other trade, the reality is not hidden. Capital growth is the goal of all countries. Apart from that, successful diplomacy can reduce issues such as conflict management, border problems, migration, disaster management, climate change, information technology, labor and marketing of produced materials. At the moment, the eyes of the world are on the domestic production of major industrialized countries. China, America and India share 21.9, 12.6 and 10.3 percent of the world's gross domestic product, respectively, so it is not unusual for other countries to catch up. On the other hand, we are keeping quiet because we cannot benefit much from the socialist economy of China and the liberal economy of India.

The diplomacy of our party and leaders could not take a definite shape for decades. We have not been able to get financial benefits due to the character of politicians who always waver in economic diplomacy and cannot keep an equal distance with the two countries. On the other hand, when the vicious circle of climate change is increasing, the matter is limited to gossip, meetings and conferences. When will our leadership pay attention to the reality that strong diplomacy with two neighbors is indispensable for the multifaceted development of Nepal?

Bhuvneshwar Sharma , Boston, America

Pathak

Link copied successfully