Qatar Chamber acting general manager Ali Saeed bu Sherbak al-Mansouri held a meeting with a delegation from Nepal led by Chandra Prasad Dhakal, the president of the Federation of Nepalese Chambers of Commerce and Industry.
The meeting touched on commercial and economic bilateral relations between both countries, explored the investment climate, and numerous opportunities available in both countries, and identified the most important sectors for cooperation and partnership between the Qatari private sector and its Nepalese counterpart.
Speaking at the meeting, al-Mansouri lauded the close relations between both nations, noting that two memoranda of understanding (MoUs) have been signed between the chamber and the federation. These agreements would open the door for more cooperation and partnership between the Qatari and Nepalese private sectors, aiming to develop trade exchange that is still below aspirations.
He stressed the importance of exchanging trade and business visits between both sides to explore co-operation opportunities among business owners from both countries and to learn about the investment climate and available opportunities in various sectors.
Dhakal, on the other hand, underscored the close relations between both countries, emphasising the importance of organising a trade delegation from Nepal to visit Qatar, to review potential fields for co-operation with their Qatari counterparts.
He highlighted that Nepal offers numerous opportunities across various sectors, such as agriculture, tourism, industry, hydropower, electricity, and IT. He stressed that his country is developing its legislative environment to facilitate investment and provide more incentives to attract additional foreign investment. Furthermore, he assured that his country is keen on removing all obstacles facing Qatari investments in Nepal.
Dhakal also extended an invitation to Qatar Chamber members and Qatari investors to participate in the Investment Summit scheduled to be held in Nepal in April.
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