KATHMANDU, May 8: The Ministry of Industry, Commerce and Supplies in collaboration with the European Economic Chamber-Nepal (EEC-Nepal) is organizing the EU-Nepal Business Forum on Monday in Kathmandu.

The first event of its type will be providing a platform to promote the network between Nepali and EU businesses. The two-day event will be bringing together over 250 participants from Nepal and over 30 foreign participants, including government officials, EU member states representatives, and trade representatives working in the South Asia region.  

“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,” said Nona Deprez, EU Ambassador to 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,” she added.

Besides, the forum will also witness participation of academic institutions and businesses and access to deliberations can be made both in-person and virtually. It will conduct 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.

The 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.

 
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