Asia Pacific Exchange and Co-operation Foundation

Source: Wikipedia, the free encyclopedia.


The Asia Pacific Exchange and Co-operation Foundation (APECF) is a

Buddha, to create a 'Mecca' for Buddhists of all strands.[1]

In June 2011, it was reported in the Chinese media to have signed an agreement with the United Nations Industrial Development Organization for the project, which will help Lumbini "transcend religion, ideology and race" in its work to rejuvenate the culture and spirit of Buddhism, according to executive vice chairman Xiao Wunan.[1][2]

The investment is enormous, constituting almost ten percent of Nepal's gross domestic product. However, neither the Nepalese government nor the local authorities were consulted about the project, they say.[1][2]

Organisation

The joint chairmen of APECF have varied backgrounds. They include

Paras, the former Nepali crown prince whose father's monarchy was overthrown by Prachanda's forces. The executive vice-chairman of the foundation is Xiao Wunan
.

References

  1. ^ a b c "At Buddha’s birthplace Archived August 23, 2011, at the Wayback Machine", The Economist, 20 Aug 2011. Retrieved 22 Aug 2011.
  2. ^ a b "Foundation, UN to transform Buddha's birthplace", China Daily, 18 July 2011. Retrieved 22 Aug 2011.