KATHMANDU, March 20: A Chinese delegation led by Shu Ya, founder of One Belt One Road (OBOR) International Trade and Investment Platform, met with Bhawani Rana, president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), on Monday.
The Chinese delegation expressed the platform’s commitment to help Nepal on bringing investment for economic development. Stating that the platform has been actively working on infrastructure development, commercial farming, energy, tourism, international trade and investment sectors, the Chinese delegation told Rana that the platform was ready to help Nepal in bringing investment.
OBOR can be a model project of the century: FNCCI President
Issuing a statement, the FNCCI said that the meeting dwelt on wide ranging issues including entrepreneurship development, technology transfer, direct air connectivity between Kathmandu and various Chinese cities, and identifying exportable products. During the meeting, the Chinese delegation also proposed to have another meeting to identify the areas of cooperation with Nepali side, according to the statement.
FNCCI president Rana urged the Chinese delegation to bring Chinese investment on infrastructure development, energy, tourism and agriculture sectors in Nepal. She also underlined the need to develop the road connectivity among the OBOR member countries for their deeper integration. She also said that the investment climate in the country has improved and expressed readiness for the collaboration with the platform.
