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Nepali mission in London initiates trade and investment drive

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KATHMANDU, July 29: Nepali ambassador to the United Kingdom Dr Suresh C Chalise Thursday hosted a commercial reception at the Embassy of Nepal in London for representatives from more than 100 British organizations, including The Body Shop, Twinning´s, Finlay´s, AECOM, PwC, UKTI, URS Scott Wilson, HSBC, BAA.



The reception was organized to highlight the potential of Nepal as an emerging market for trade and investment, the Nepali mission in London said in a statement. [break]



“The reception was the first of its kind organized by the embassy in London after the government identified 19 priority export sectors under the Nepalese Integration and Trade Strategy (NTIS) 2010. It acts as a prelude to the British Trade Mission to Nepal in October,” the statement added.



Speaking on the occasion, Chalise emphasised the need to deepen Nepall-UK relations through further economic cooperation at the business community level.



Similarly, Kewal Shrestha, representative of Nepal Britain Chamber of Commerce & Industry, highlighted the strategic significance of Nepal´s location between emerging market giants India and China and the opportunities it presents for businesses.



According to the statement, William Westgate of London Training School gave an alternative insight into Nepal as a foreign businessman who has had experience of conducting business in and with Nepal.



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