Thursday, September 11, 2025

FEEN, NGCCI sign a pact to promote Nepal-Germany trade

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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