FNCCI President Dhakal meets Qatari ambassador

Qatari ambassador expresses keen interest in bilateral investment agreement

KATHMANDU: In a significant development for Nepal-Qatar relations, Chandra Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry, met the Qatari Ambassador to Nepal His Excellency Mishal bin Mohammed Al Ansari today. The meeting focused on enhancing economic cooperation and fostering business partnerships between the two nations.

During the meeting, FNCCI President Dhakal stressed the need for more investments in Nepal. He informed the ambassador that Nepal is a growing economy and the country offers ample opportunities for investments.  He also mentioned that the government has been collaborating with the private sector to amend laws and regulations to create an investment friendly climate.

In a new development, talks also centered on plans to establish a joint business council between FNCCI and the Qatar Chamber. The joint business council is expected to facilitate collaboration and exchange of information between Nepal and Qatar. The council is also expected to provide a platform for joint initiatives to tap into each other’s markets.

Meanwhile, His Excellency Mishal bin Mohammed Al Ansari expressed keen interest in a bilateral investment agreement. He stated that such an agreement will provide a framework for protecting investments, promoting trade, and encouraging economic cooperation. Both sides discussed the potential benefits and agreed to explore further steps.

The meeting concluded on a positive note, with both parties reaffirming their commitment to strengthening economic ties. The FNCCI and the Qatar Chamber look forward to signing the joint business council agreement and continuing the dialogue on investment opportunities.

Fiscal Nepal |
Tuesday March 26, 2024, 10:52:04 AM |

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