Kathmandu, February 21

The Nepal Israel Chamber of Commerce and Industry (NICCI) was established today with an aim to promote and boost bilateral trade and investment between Nepal and Israel.

The executive committee of NICCI has been formed under the presidency of Shisheer K Bhatta. Similarly, Rabi Chandra Singh has been appointed as the vice president of NICCI, while Sagar Rana has been selected as the secretary and Hemanta Golchha as the treasurer of the organisation.

Speaking at a programme organised to mark the formation of NICCI, Minister for Foreign Affairs Prakash Sharan Mahat, emphasised on the need to work on transferring Israel’s agriculture technology in Nepal to boost agriculture production in the country.

Similarly, Ambassador of Israel to Nepal Yaron Mayer, said that establishment of Nepal Israel Chamber of Commerce and Industry would strengthen 57-year old diplomatic ties between Nepal and Israel. “The private sector of both the countries can now come together to share their experiences and capabilities and explore investment potentials which will be beneficial to both the countries,” he said.

Bhawani Rana, senior vice president of Federation of Nepalese Chambers of Commerce and Industry, said that the private sector of the two countries should work together in promoting tourism and agriculture sectors of both countries.