Govt to hold meet for trade promotion

March 30, 2000
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Kathmandu, March 30:The Ministry of Commerce is to organise an Export Promotion Conference-2000 with a view to improving Nepal’s economic relations and promoting her export trade and foreign investment in the country.

The three-day conference beginning in Kathmandu on April 5 will aim to promote foreign investment for sustainable development and tourism, stabilise market for chief exportable products like carpet and readymade garment, explore viable market for other exportable products and make strategies for Nepal to get maximum benefit from the proposed free South Asian Free Trade Zone.

As Nepal is seeking the membership of World Trade Organisation (WTO), the conference will also aim at preparing opinion in favour of Nepal in that connection.

At a press conference held here Wednesday in that connection, Minister for Commerce and Industry Ramkrishna Tamrakar said the conference would shed light on Nepal’s economy and economic policy and the government policy commitment to the sectors concerned.

The export promotion conference will bring together 400 delegates including 150 from abroad.

The honorary Nepalese consuls general and consulates abroad, Kathmandu based-honorary consuls and trade delegations of thirty countries, bilateral chambers of commerce and industry, friendship associations, importers and exporters, joint investors, distinguished persons in trade and industry, representatives of Nepalese business community and diplomatic missions and high level government officers will also attend the conference.

The conference will be the first attempt to bring together 44 Nepalese honorary consuls general and consuls stationed in thirty-four countries and involve them in direct discussions with Nepalese and foreign officials concerned with Nepal’s foreign trade, investment and tourism sectors.

If the participants will be willing to sign a memorandum of understanding (MoU) on trade and investment with Nepal, the conference will also provide an opportunity for the same.

Meanwhile, a delegation of FNCCI led by its second vice chairman Diwakar Golcha left here Wednesday for New Delhi to hold talks with Indian authorities on the adverse impact the recent Indian budgetary proposals on Nepal’s exports.

The delegation also includes FNCCI Export Promotion Committee president Kishore Kumar Khanal, Social Services Committee president Shashi Kant Agrawal, general secretary Badri Prasad Ojha and Managing Director of Nepal Lever Ltd. Sandip Ghosh.