KATHMANDU: The Hotel Association Nepal (HAN) and Bangladesh International Hotel Association (BIHA) have signed a memorandum of understanding (MoU) on Wednesday to promote tourism and explore investment opportunities in the hospitality sector of both counties.

Binayak Shah, president of HAN, and Hakim Ali, president of BIHA, signed the agreement for six years on behalf of both of the organisations in Dhaka.

As per the MoU, both parties shall exchange information regarding developments and trends in field of hotel, hospitality, and tourism sectors.

A version of this article appears in the print on June 23, 2023, of The Himalayan Times.