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India must focus on Silk route connectivity: UNESCAP

The Dollar Business Bureau Asking India to explore the full potential of the South Asian region, a senior executive of the UNESCAP said since India aspires to play a key role in the economic transformation of the region and establish itself as a central point for Asia-Europe trade; it must focus on enhancing connectivity along the Silk Route. "South Asia can again be a hub of economic activities through improved connectivity, as it was in the ancient times," said Nagesh Kumar, director (South and South-West Asia Office), United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). "Reviving the Asian trade route would put South Asia at the centre of Europe and East Asia," he said, calling on India to explore the full ...

India for UNESCAP resolution on dry ports development

The Dollar Business Bureau The Government of India, on Tuesday, gave its approval for passage of the ‘Inter-Governmental Agreement on Dry Ports of International Importance’, for signature at the United Nations (UN) Headquarters in New York. The decision taken by the Union Cabinet chaired by the Prime Minister, Narendra Modi, is a follow up of the UN resolution for the development of the dry ports in Asia and the Pacific regions, says an official release. The agreement, under the Resolution of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), promotes international recognition for dry ports in the above-said regions. The agreement is also expected to facilitate investments for infrastructure development of dry ports. By ...