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Qatar and Nepal discuss boosting economic cooperation

Officials from Qatar and Nepal hold talks in Doha. (QNA)
  • The talks are likely to pave way for more cooperation and partnership between the Qatari and Nepalese private sectors
  • The Qatar official emphasized the importance of holding trade and business visits between both sides to explore cooperation

Doha, Qatar–Qatar and Nepal have held talks to enhance commercial and economic relations between the two countries, explored the investment climate, numerous opportunities available in both countries, and identified the most important sectors for cooperation and partnership

In this regard, the acting general manager of the Qatar Chamber, Ali Saeed bu Sherbak Al Mansori, met with a delegation from Nepal led by president of the Federation of Nepalese Chambers of Commerce, and Industry Chandra Prasad Dhakal.

Speaking at the meeting, Al Mansori praised the close relations between both nations, noting that two MoUs have been signed between the Chamber and the Federation.

These agreements would open the door for more cooperation and partnership between the Qatari and Nepalese private sectors, aiming to develop trade exchange that is still below aspirations.

He stressed the importance of exchanging trade and business visits between both sides to explore cooperation opportunities among business owners from both countries and to learn about the investment climate and available opportunities in various sectors.

On his part, President of the Federation of Nepalese Chambers of Commerce and Industry Chandra Prasad Dhakal stressed the close relations between both countries.

He emphasized the importance of organizing a trade delegation from Nepal to visit Qatar, with the aim of reviewing potential fields for cooperation with their Qatari counterparts.

He extended an invitation to QC members and Qatari investors to participate in the Investment Summit scheduled to be held in Nepal in April.

He highlighted that Nepal offers numerous opportunities across various sectors such as agriculture, tourism, industry, hydropower, electricity, and IT.

He stressed that his country is developing the legislative environment to facilitate investment and provide more incentives to attract additional foreign investment.

Furthermore, he assured that his country is keen on removing all obstacles facing Qatari investments in Nepal.