Ambassadors were urged to attract foreign investment

Kathmandu, Feb. 17: Newly appointed Nepali ambassadors have said that they would put their efforts to attract foreign investment to Nepal from the country of their appointment and work to expand strategic trade and investment relations with them.

Speaking at a programme organised by the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) in their honour, they said to adopt innovative ways in economic diplomacy to drive investment to Nepal and work with the private sector in the days to come.

FNCCI President Bhawani Rana urged the ambassadors to work in close collaboration with the private sector and vowed for FNCCI’s support in every step of economic diplomacy implementation.

“You can play an instrumental role in updating the private sector investors in the country that you are going to represent Nepal about the business climate and potential investment areas here,” she said.

She requested them to promote Nepali culture, tradition and touristic attractions so that the tourists as well as the investors of those countries were motivated to come to Nepal.

Nepali Ambassador to Malaysia Udaya Raj Pandey, the United Arab Emirates Krishna Prasad Dhakal, France Deepak Adhikari, Kuwait Durga Prasad Bhandari, Canada Bhrigu Dhungana, Geneva Mani Prasad Bhattarai, Thailand Ganesh Prasad Dhakal and United Nations Amrit Rai were present in the programme.

They said that their efforts would be to find out the market of made in Nepal goods and urged the FNCCI to update them about the potential products that have markets in foreign countries.

Likewise, they said that private sector’s cooperation and support was needed to find bankable investment projects and in trade expansion.

Published in The Rising Nepal daily on 18 February 2019.