Davos meeting good opportunity to make Nepal widely known

Published On: January 26, 2019 04:24 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Jan 26: One of the members of the Nepali delegation participating in the World Economic Forum, also known as Davos meeting, has said the participation in the Davos meeting was an opportunity to make Nepal known to the world. 

The delegation member and Foreign Affairs Minister Pradeep Kumar Gyawali said the world was shared about Nepal's situation by the Prime Minister KP Sharma Oli with the Davos participation. "It was an opportunity to share with the global community about Nepal's efforts for prosperity and deepening of democracy," he added. 

The Minister further said, "We've been able to tell the investors from across the globe that how we resolved the political problems and achieved political stability thereby creating the atmosphere conducive for the foreign investment." 

According to him, the foreign investors were assured that Nepal had no more conflict, so that none had to doubt the environment. 

Similarly, another member of the delegation Finance Minister Dr Yuba Raj Khatiwada observed that the Davos meeting was an unprecedented platform to share with the world about Nepal's political and economic status, environment for economic activities and investment. 

He reminded that during his talk to a Japanese telecommunications company, the company showed interest to invest in Nepal. In response, he said he would facilitate for their investment, added Dr Khatiwada. 

"Nepal's participation in the Davos meeting became successful to give a message that Nepal has brought reforms in tax, customs and foreign exchange and the formulation of law," he underscored. 

Vice Chairman of the National Planning Commission, Prof Dr Pushparaj Kandel also seconded the Finance Minister that the Davos meeting was fruitful to inform the globe about Nepal's political stability, investment climate and potentials. 

Moreover, Prime Minister's Advisor on foreign affairs, Dr Rajan Bhattarai, said Nepal would reap many benefits from the Davos participation. He reminded the Prime Minister's bilateral meeting with the Vietnamese counterpart and the talks to expand relations between the two countries. The two countries are of the view to exchange meetings. Vietnam assured that it could invest in Nepal if the investment atmosphere was created in Nepal, he added. 

Nepali Ambassador to Switzerland and Permanent Representatives to UN in Geneva, Deepak Dhital said Nepal could also be benefitted from the Davos participation because it has provided guideline to the governments from across the world. "With the growing use of technology, Nepal should also be ready to launch the fourth industrial revolution by wiping out inequality," he suggested. RSS

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