Chinese envoy pledges to promote trade relations

January 16, 2001
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Kathmandu, Jan. 16 : Nepal Foreign Trade Association hosted a reception in honour of Chinese ambassador to Nepal Zeng Xuyong here on Monday.

At the reception, the Chinese ambassador pledged his effort to promote Nepal-China trade relations, joint ventures and transfer of technology, and to remove policy level and practical difficulties facing bilateral trade.

President of the Association Lokmanya Golchha thanked the ambassador for his contribution towards the arrangements for providing Hong Kong visas in Kathmandu for Nepalese businessmen and industrialists on the recommendation of the association. This arrangement has contributed significantly to promoting Nepal-China trade relations, he said.

In view of Nepal’s growing trade deficit with China and also to control smuggling it is quite imperative that the Chinese ambassador take initiative to facilitate trade between Nepal and Khasa in the Tibet autonomous region of China through banking channels, he said, stressing the need for technical cooperation from China to enable Nepalese products to compete in the international market.

General secretary of the association Satish Kumar Mor drew the ambassador’s attention to the Chinese government’s plan to increase customs duty on Nepalese products entering China.