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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