Kathmandu, Sept. 3
The Federation of Export Entrepreneurs Nepal (FEEN) and the
Nepal-German Chamber of Commerce and Industry (NGCCI) have signed a Memorandum
of Understanding (MoU) to boost trade cooperation between Nepal and Germany.
The agreement, signed on Wednesday, aims to enhance Nepal’s export
potential, promote economic diplomacy, and foster stronger business ties with
the German and wider European markets, read a joint statement issued by the two
organisations.
The FEEN, which represents 28 commodity associations and numerous
individual exporters, has long championed the growth of Nepal’s export sector.
With its core mission of promoting economic development through export-led
growth, FEEN showcases unique Nepali products, enhances productivity, and
facilitates access to global markets.
Similarly, NGCCI has spent the past 35 years strengthening
bilateral business relations between Nepal and Germany. The organisation promotes
trade, investment, and knowledge exchange through various forms of economic
diplomacy.
Following the agreement, presidents of FEEN and NGCCI - Govind
Ghimire and Santosh Chandra Kunwar - expressed optimism that the partnership
would open new avenues for Nepal’s export industries. They highlighted the
potential for joint initiatives in market access, international trade fair
participation, entrepreneurship promotion, Foreign Direct Investment (FDI),
technology transfer, and policy advocacy.
As part of the collaboration, NGCCI will support the promotion of
Nepali products in Germany by facilitating participation in major trade fairs
and cultural exchange programmes.
“Joint efforts will be made to organise capacity-building workshops
and knowledge-sharing platforms to benefit Nepal’s micro, small, and medium
enterprises (MSMEs),” read the statement.
The two organisations also plan to work closely with relevant
government ministries and departments in Nepal to identify and address trade
barriers, helping create a more favourable business environment.
Furthermore, the partnership will focus on attracting FDI through
economic diplomacy, and enhancing private sector competitiveness by sharing
best practices between Nepali and German entrepreneurs. Both FEEN and NGCCI
believe this MoU marks a significant step towards deepening economic ties and
creating long-term opportunities for trade and investment between the two
countries.
Published in The Rising Nepal daily on 4 September 2025.
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