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India pitches for revitalisation of NAM

world Updated: Jul 02, 2008 23:09 IST

PTI
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Noting that the Non- Aligned Movement has lost its "old grandeur and impetus", India on Wednesday pitched for its revitalisation by exploring its economic dimensions.

External Affairs Minister Pranab Mukherjee, who is on a three-day visit to Egypt, however, said he did not believe that the NAM has lost its relevance.

"Due to some reason or other NAM has lost its old grandeur and impetus. We don't believe that NAM has lost its relevance," Mukherjee told reporters after meeting President Hosni Mubarak in this coastal resort on the Sinai Peninsula.

The Minister said that the NAM should be looked at from a new perspective.

"NAM is to be looked from a new perspective. Economic dimensions of NAM, particularly south-south cooperation has assumed larger dimension and this aspect is to be emphasised," he said.

"It is more relevant that India and Egypt as at one point time Jawaharlal Nehru, Gamel Abdal Nasser and Tito were considered to be the fountain head of inspiration for NAM," Mukherjee said.

During his meeting with Mubarak, Mukherjee discussed ways and means to further strengthen bilateral relations, particularly in the fields of trade and economy.

During their 30-minute deliberations, the two leaders said that they were committed to revitalising the NAM and south-south cooperation.