"Nepal is not only a country of pleasant climate but also an appropriate place for vibrant business. As the head of state and on behalf of the government of Nepal, I would extend full cooperation to you business people in doing business in a favorable climate in Nepal," the president said while delivering the inaugural remark at the 4th SAARC Business Leaders Conclave (SBLC) on Tuesday. [break]
Stating that the rule of law is crucial for the growth of business sector, the president said know-how, skill, capacity and entrepreneurship are needed for successful business operation.
"Future of the SAARC region is linked to the success of the business sector. We have high potentials to develop this region where economic growth is highest in the world as global business hub," he said.
The first conclave of its kind organized in Nepal, the 4th SBLC has the slogan of ´Peace and Prosperity Through Regional Connectivity´. The three-day event is being organized by SAARC-CCI in collaboration with Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Friedrich Naumann Stiftung.
Annisul Huq, president of SAARC Chamber of Commerce and Industry (SAARC-CCI), stressed on the greater connectivity and mobility of people within SAARC region for the regional prosperity. He also coined 3Ts - TV, Telephone and Tourism - as the key to economic development of the region.
FNCCI President Suraj Vaidhya urged SAARC business community to increase investment in Nepal stating that investment climate is gradually improving in the country.
Terming food and energy crisis the major challenges in the economic development, Huq said regional prosperity could be attained through proper utilization of existing natural resources through collective effort of business community and the governments of the region.
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