KATHMANDU, MAY 1
The Embassy of India, Kathmandu in collaboration with the Investment Board of Nepal (IBN) and Nepal India Chamber of Commerce and Industry (NICCI) organized a Post Investment Summit India-Nepal B2B Meet in Kathmandu on Tuesday.
The B2B meeting was attended by 35 delegates from Millenium India International Chamber of Commerce and Industry (MICCIA) and Nepal India Chamber of Commerce and Industry covering energy, agriculture, construction, tourism, cold chain, medical devices, finance, consultancy and law sectors, as per the statement issued by the Indian Embassy in Kathmandu.
Speaking at the event, 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 India-Nepal Economic Partnership forward. Ramesh Adhikari, Under Secretary, IBN summarized and welcomed Indian investors to do business in Nepal. He appreciated the 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 28-29 April 2024.
The B2B meet witnessed the signature of an MOU for cooperation between MICCIA and NICCI. Indian delegates were also provided a copy of the 3rd edition of Handbook for Indian Investors Investing in Nepal, which had been unveiled a day before by Barshaman Pun, Finance Minister of Nepal, the embassy added.