Friday, January 31, 2025

Nepali mission in Bangladesh hosts bilateral trade and investment forum

Kathmandu, Jan. 30

The Embassy of Nepal in Dhaka, Bangladesh organised a programme on 'Trade and Investment Linkages between Nepal and Bangladesh' on Wednesday evening.

Speaking at the programme, Ambassador Ghanshyam Bhandari highlighted the growing economic engagements between Nepal and Bangladesh and informed that progress is achieved in sectors such as trade, connectivity, energy, and tourism, the Embassy informed in a statement.

Referred to the first-ever flow of 40 MW hydroelectricity from Nepal to Bangladesh, he underscored that energy cooperation provides mutual benefits not only to the two countries but also to the entire South Asia region. Ambassador Bhandari also urged Bangladeshi business leaders to build synergetic partnerships with Nepal’s business community and utilise investment opportunities available in Nepal.

Chief Executive Officer of Investment Board Nepal, Sushil Gyawali, informed the Bangladeshi entrepreneurs about Nepal’s investment climate, opportunities, and priority sectors.

He outlined Nepal’s strategic initiatives to create a conducive environment to attract foreign direct investment and elaborated on investment opportunities in priority sectors such as energy, tourism, agriculture, information and communication technology, urban infrastructure, health, manufacturing, and mines and minerals.

Executive Member of Bangladesh Investment Development Authority (BIDA), Dr. Khandoker Azizul Islam, expressed commitment to work together with Nepal to strengthen investment ties in mutually beneficial areas.

Chairman of the National Bank Ltd. and former president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), Abdul Awal Mintoo, shared his perspectives on doing business in Nepal and underlined the need to consolidate economic ties between the two countries.

According to the Embassy, the event brought together eminent business leaders of Bangladesh including representatives of FBCCI and, Dhaka Chamber of Commerce and Industry.

 Published in The Rising Nepal daily on 31 January 2025.  

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