'Improve business climate to attract investment'

Kathmandu, Mar. 10

German Ambassador to Nepal Udo Eugen Volz, who is also the Honorary President of the Nepal German Chamber of Commerce and Industry (NGCCI), stressed a sound business climate is essential to attract investment and strengthen trade and economic activities in Nepal.

Speaking at an interaction programme with business leaders from NGCCI and the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) in Kathmandu recently, he encouraged Nepali entrepreneurs to actively participate in trade fairs and forums in both Nepal and Germany, the NGCCI said in a statement on Tuesday.

Volz also noted the growing interest of German tourists in Nepal, particularly in mountaineering and adventure tourism.

President Santosh Chandra Kunwar pointed to the importance of increasing German investment in Nepal, enhancing Nepal–EU economic cooperation, and addressing the stagnation in labour and skilled migration agreements.

Immediate Past President Anup Bahadur Malla said that Nepal previously enjoyed a trade surplus with Germany but is now facing a deficit, so we need to address challenges related to standards, accreditation, and market access to promote exports.

Members of NGCCI also raised concerns related to visa simplification, tourism promotion, and export facilitation, which were positively received by officials of the German Embassy. 

  Published in The Rising Nepal daily on 11 March 2026.