Laurence Brahm interviews Rinpoche about Shangri-La
Though Nepal, Bhutan and Bangladesh are lagging behind, massive power sector reforms have taken place in other parts of the region. The Electricity Act 2003 was designed in India with the aim of developing the power market through increased competition, more players and protection of consumer interests.
The opening plenary of the summit focused on how the Himalayan Consensus process applies Himalayan traditions towards contemporary challenges. The five principles of the Himalayan Consensus: identity, community, business, finance and environment; and how these can be implemented to prevent violence and conflict from occurring were discussed.