Nepal, which is the current chair of Saarc, expressed regret over the fact that regional environment is not conducive to host the 19th Saarc Summit as of now.
Nepal urged Saarc member to ensure that their territories are not used for cross-border terrorism. The country announced the postponement of the 19th Saarc Summit on Sunday which was to be held in Islamabad in the month of November.
"Nepal will initiate necessary consultation on successfully holding the summit with the participation of all member states, the country's foreign ministry said in a press statement.
This comes just a couple of days after the host country Pakistan itself postponed the summit, in wake of heightened tensions with India following Uri attack and the surgical strikes carried out by New Delhi.
Condemning terrorism in all its forms and manifestations, Nepal expressed solidarity and condemned the Uri terror attack which claimed lives of 19 Indian soldiers.
Earlier, India, Bangladesh, Bhutan, Afghanistan and Sri Lanka had already pulled out of the Saarc summit indirectly blaming Pakistan for creating an environment which is not right for the successful holding of the meet.