EU-Nepal Business Forum kicks off on Monday

Himal Press 07 May 2023
EU-Nepal Business Forum kicks off on Monday

KATHMANDU: A two-day EU-Nepal Business Forum is being organized in Kathmandu on May 8-9.

The forum is being organized by the EU Delegation in Nepal in collaboration with European Economic Chamber-Nepal (EEC-Nepal), while the Ministry of Industry, Commerce and Supplies is a supporting partner of the event.

“This is the first event of its kind to promote business-to-business contacts between EU and Nepal, and we’re confident it will provide new momentum towards expanding our trade and investment relations,” EU Ambassador to Nepal, Nona Deprez, said in a statement issued by the EU Delegation in Nepal.

“Such contacts are extremely important in the context of Nepal’s graduation from a least developed country, when it will need to use all opportunities to expand trade for investment-led growth.”

According to the statement, the forum will see the participation of over 250 from Nepal and over 30 foreign participants, including government officials, EU member states representatives, and trade representatives working in the South Asia region.

The forum will feature eight sessions, including trade and investment opportunities in Nepal; the policy, law and infrastructure support needed for investment-led growth, and Nepal’s preparation for LDC graduation.

Other sessions will include focused deliberations on specific investment opportunities in agriculture and agriculture-processing, non-timber forest products and handicrafts; and those in manufacturing and recycling, tourism, information technology and business process outsourcing and energy.

Published On: 07 May 2023

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