Nepal will hold the 18th SAARC Summit in Katmandu on November 14, the third time the country is hosting the event since the establishment of eight-member regional grouping in 1985.
A cabinet meeting headed by Prime Minister Sushil Koirala on Friday decided to hold the summit on November 14 and directed authorities to make necessary preparations for the successful summit, according to cabinet sources.
The date is subject to approval by SAARC (South Asian Association for Regional Cooperation) member states that include India, Maldives, Nepal, Pakistan, Bangladesh, Bhutan, Sri Lanka and Afghanistan.
Nepal had last hosted the 11th SAARC Summit in January 2002 and 3rd Summit in November 1987. The 17th SAARC summit was held in Maldives in 2011.
The cabinet also decided to form various committees to expedite preparation works for hosting the summit on time.