Kathmandu, Aug. 16: President of the Federation of
Nepalese Chambers of Commerce and Industry (FNCCI) Bhawani Rana Wednesday urged
China to support Nepal's private sector in enhancing the latter’s productive
capacity, promoting investment and creating economic opportunities in Nepal.
During a meeting with visiting Chinese Vice-Premier
Wang Yang, she also requested the northern neighbour for support in enhancing
Nepali exports to China by providing duty-free access to Nepali goods and
services.
“Being a next-door friendly neighbour, we hope to
receive an increased flow of investment and technology transfer from China to
spur our economic growth,” she said.
She stated that since Nepal was a member of the
Asian Infrastructure Investment Bank (AIIB) and a signatory to the Belt and
Road Initiative (BRI), it needed greater connectivity with China.
“I hope that the AIIB and BRI would support Nepal in
addressing the infrastructure gap,” she said.
According to her, the FNCCI has been working closely
with the China Council for the Promotion of International Trade (CCPIT) and
All-China Federation of Industry and Commerce while ‘Nepal-China
Non-Governmental Cooperation Forum’ has been formed to strengthen bilateral
economic ties between the two neighbours.
Chinese Vice-Premier Wang gave assurances that the
economic ties between the two countries would be strengthened.
He said that the meeting with the Nepali private
sector was important for him.
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