Kathmandu, Jan.19: President of the Afro-Asian People’s Solidarity Organisation and former foreign minister of Egypt Dr. Morad Ghaleb has said that regional cooperation and collective endeavour is necessary to meet the challenges of economic development.

Speaking on “Egypt’s experience on multinational cooperation in the use of nile river water resource” at a talk programme organised by the Nepal Council of World Affairs here today, Dr. Ghaleb said that the movement of the Afro-Asian People’s Solidarity Organisation against imperialism and colonialism started in 1959 and accordingly non-aligned movement was established for the sovereignty and equality of the African and the Asian countries.

Stating that global economic revolution has begun from the economic liberalisation, he referred to the need of political stability, peace, freedom and mutual cooperation in every nation.

At the programme, president of the Nepal Council of World Affairs Prof. Panna Kaji Amatya said that Dr. Ghaleb had played an important role in the establishment of diplomatic ties between Nepal and Egypt.