Kathmandu, Jan. 5 : A discussion on the possibilities of investment in potential areas of industry and commerce was held here today between representatives of the Mongolian business delegation and the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).

The Mongolian delegation is part of the entourage of Mongolian President Natsagiin Bagabandi.

On the occasion, Mongolian Minister for Industry and Commerce Ch. Ganzorig urged industrialists and businessmen of both the countries to make extensive study and analysis for investment in possible sectors.

Deputy Minister for Infrastructure U. Ulambayar said Mongolia is formulating a strategy to enhance industry and trade.

FNCCI president Pradeep Kumar Shrestha said a scrutiny of developmental objectives, resources base and existing economic structure of the two countries reveals that there is huge potential for the economic links to grow and reach sizeable proportions.

Mr Shrestha on the occasion also shed light on the potential areas of economic collaboration between business entrepreneurs of the two countries.