Swiss business delegation visits Nepal to explore business opportunities

Published On: March 21, 2024 03:52 PM NPT By: Republica  | @RepublicaNepal


KATHMANDU, March 21: The Embassy of Switzerland, in collaboration with Switzerland Global Enterprise (S-GE) and the Nepal Swiss Chamber of Commerce and Industries (NSCCI), conducted the Second Fact-Finding Mission with a Swiss business delegation's visit to Nepal from March 17 to March 20. 

The mission aimed to familiarize Swiss companies with the Nepali market, its key stakeholders, and investment opportunities.

Participating organizations included notable names such as Ferring, Roche, Stone Step, and Swiss Re. The delegation held high-level discussions with various entities including the Ministry of Health, Kathmandu Metropolitan City, and the Department of Drug Administration, among others. These interactions spanned across sectors with a focus on health, Insurtech, and infrastructure development.

Ambassador of Switzerland to Nepal, Dr. Danielle Meuwly, referenced the success of the initial fact-finding mission in November 2022, which facilitated achievements such as the air service agreement between Nepal and Switzerland. Dr. Meuwly expressed hope that this second mission would further aid in transitioning Nepal from aid dependency to a trade-focused relationship.

The visit provided the Swiss delegation with valuable insights into Nepal’s business environment and potential investment areas, promising a future of increased collaboration between the two nations.

 


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