Singing a Memorandum of Understanding (MoU) at the concluding ceremony of the 11th meeting of Nepal China Non-Governmental Cooperation Forum, the two sides agreed to further expand bilateral economic ties by tapping opportunities in bilateral trade, tourism and infrastructure sectors. [break]
The MoU was inked by Kush Kumar Joshi, president of the Nepalese Chambers of Commerce and Industry (FNCCI) and Quan Zhezhu, the first vice-chairman of All China Federation of Industry and Commerce (ACFIC). At a meeting held earlier, the two sides acknowledged that the forum´s activities have led to positive achievements for both sides and strengthened mutual relations.
They have also agreed to regularly exchange business and professional delegations, provide training for Nepali entrepreneurs, and communicate and exchange business and economic information and assistance to entrepreneurs of both the countries.
During the forum´s meeting, Chairman of Constituent Assembly Subas Chandra Nembang, Vice Chairman of National Planning Commission Jagdish Chandra Pokharel, President of FNCCI Kush Kumar Joshi, Ambassador of People´s Republic of China to Nepal Qiu Guohong, and Vice-Chairman of ACFIC Quan Zhezhu underscored the need to boost economic cooperation between the two countries mainly in the hydropower and tourism sector. The 12th meeting of the forum is scheduled to be held in China.
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