Thursday, March 10, 2022

NCC seeks Nepali goods’ market in Botswana

Kathmandu, Mar. 3

Nepal Chamber of Commerce (NCC) has proposed a partnership in bilateral trade and investment with Botswana, a country in southern Africa.

In a meeting with Botswana Ambassador to Nepal Gilbert Shimane Mangole at the NCC Secretariat in the Capital on Thursday, President Rajendra Malla proposed the trade partnership.

According to Malla, Nepali producers and traders want to export handicraft products, pashmina, herbs and tea to Botswana. “Nepal can also be a good destination of tourism and investment for Botswana people,” he said.

He urged the visiting ambassador, who is residential envoy in New Delhi, India, to promote investment in Nepal’s hydropower in Botswana. He said that many countries are investing in hydroelectricity, physical infrastructure and service sector in Nepal so Botswana businesspeople can look for the possibility of investment in those areas.

He also urged to make initiatives for trade facilitation and high level exchanges between the two countries.

Malla said that Nepal can import raw diamond from Botswana and export them after processing here locally. Botswana is famous for products like diamonds and copper. “We can boost trade and investment ties overcoming the geographical distance,” he said.

Ambassador Mangole said that he would take initiatives to find investment and trade opportunities in Nepal. “I will take initiatives for trade facilitation between the two countries. I will talk with our private sector to find markets of Nepali goods in Botswana,” he said.

Nepal and Botswana had established diplomatic ties in 2009.

Meanwhile, President of Federation of Nepal Gold and Silver Dealers’ Association Manik Ratna Shakya is nominated for the working committee of the NCC. The chamber has nominated Shakya as the representative from the commodity associations. 

Published in The Rising Nepal daily on 4 March 2022.  

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