BIZ BRIEFS

ICC Nepal chapter

KATHMANDU: The National Committee of International Chamber of Commerce (ICC) has been formally established in Nepal. While inaugurating the national committee of ICC on Thursday, finance minister Dr Ram Sharan Mahat, emphasised on prioritising to exports for a prosperous country. He urged the entrepreneurs to take their products to international markets. Established in 1919, ICC is globally recognised international private sector organisation with its headquarters in Paris and presence in 148 member countries, said Rajesh Kazi Shrestha, president of ICC Nepal Chapter. ICC has also formed two panels on trade arbitration and banking, Shrestha said. — HNS

Bilateral tourism

AGARTALA: Tour operators of India and Bangladesh have decided to promote bilateral regional tourism and cultural exchanges, especially. A 12-member team of Tour Operators Association of Bangladesh, currently on a visit to the northeastern states of Assam, Tripura and Meghalaya states of India met government officials and entrepreneurs in the region. — HNS

US economy grows

WASHINGTON: The US economy popped out of its rut this spring and grew at the strongest pace in more than a year, giving president Bush something to crow about. The GDP increased at a 3.4 per cent rate. — AP