Kathmandu, Aug. 8
Export Entrepreneurs Federation of Nepal (EEFN) and
the Non-Resident Nepali Social Club, Oman signed a bilateral Memorandum of
Understanding (MoU) to promote and expand Nepali products and services in the
market of Oman.
During a programme organised in Muscat on Friday,
President of FEEN Govinda Prasad Ghimire, and President of the Club Suresh
Khadka signed the MoU.
According to the agreement, both organisations will
act as institutional intermediaries to connect Nepali exporters with local
small and medium entrepreneurs, traders, and potential buyers in Oman. Kiran
Kumar Dangol, Vice President of EEFN, stated that this would expand new markets
and business networks for Nepali products.
Chargé d'Affaires at the Embassy of Nepal in Oman,
Bishesh Kumar Sah, was also present at the event.
The agreement prioritises the promotion of 'Made in
Nepal' products. Stalls and exhibitions will be arranged to promote Nepali
products—such as Nepali tea, coffee, cardamom, various spices, handicrafts,
felt, garments, carpets, herbal products, and traditional attire—during
cultural and community events organised in Oman.
Similarly, it is mentioned that the Club will provide
the Federation with necessary information and guidance regarding Oman's customs
procedures, import standards, quality and Halal certification, and trade
policies.
Meanwhile, it has been agreed that the Federation will
provide Omani importers with a list of reliable exporters in Nepal and details
of the goods they produce.
The MoU also aims to expand direct contact between
Nepali producers and Nepali entrepreneurs and importers based in Oman, thereby
reducing unnecessary middleman costs. Ghimire expressed his expectation that
this would enhance the competitiveness of Nepali products and ensure that
producers receive a fair market price for their goods.
The agreement also encompasses encouraging
Non-Resident Nepalis and Omani investors to invest in Nepal's processing,
manufacturing, and export-oriented industries, as well as providing them with
the necessary guidance.
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