Nepal-India B2B meet held to boost eco ties

KATHMANDU: In an effort to strengthen economic partnerships, the Embassy of India here, in collaboration with the Investment Board of Nepal (IBN) and the Nepal India Chamber of Commerce and Industry (NICCI), hosted a Business-to-Business (B2B) meeting on Tuesday.

The meeting attended by 35 delegates from the Millenium India International Chamber of Commerce and Industry (MICCIA) and NICCI covered energy, agriculture, construction, tourism, cold chain, medical devices, finance, consultancy and law sectors, according to a press release issued by the Indian Embassy.

Speaking on the occasion, Shreejana Rana, President, NICCI identified hydropower, tourism and agriculture as potential areas for cooperation between Indian and Nepali businesses. “Ambassador Anil

Trigunayat, President, MICCIA appreciated the recent bilateral connectivity initiatives and the importance of B2B connections in taking the India-Nepal Economic Partnership forward.”

Ramesh Adhikari, Under Secretary, IBN summarising the meeting welcomed Indian investors to conduct business in Nepal. He appreciated more than 50 members strong Indian delegation from FICCI, CII, ICC, MICCIA as well as several individual businesses who had productive meetings at the 3rd Nepal Investment Summit from April 28-29 April.

The B2B meeting witnessed the signing of an MoU for cooperation between MICCIA and NICCI. On Sunday, Prime Minister Pushpa Kamal Dahal ‘Prachanda’ inaugurated a key investment summit here that saw the participation of around 1,800 people from various countries including India.