KATHMANDU, MAY 6

Nepal has marked its first-ever private sector participation at the SelectUSA Investment Summit, signalling a push to strengthen investment, trade and innovation ties with the United States.

At the summit held in Maryland, Nepali companies engaged with global investors, US government officials and economic developers to explore market access, partnerships and long-term investment opportunities.

The participation reflects a growing shift towards trade-led cooperation and deeper private sector collaboration between Nepal and the United States, according to organisers.

During interactions with the U.S. Department of State and the U.S. Department of Commerce, US officials emphasised strengthening bilateral ties through business and trade. Deputy Assistant Secretary Bethany P. Morrison highlighted increasing momentum in economic engagement and the need for a conducive business environment in Nepal.

Chief Deputy Ambassador Sharad Raj Aran welcomed the delegation, expressing confidence in the capability of Nepali enterprises. Discussions with US officials, including Deputy Director Jon Seo, focused on expanding commercial engagement and facilitating market entry.

Chair of the American Chamber of Commerce in Nepal, Kailash Bijayananda, said the initiative would help Nepali companies enhance global competitiveness and noted recent policy reforms in Nepal's ICT sector.

The delegation, coordinated by AmCham Nepal and led by Executive Director Amir Thapa, includes five ICT firms-Biz Serve, Swift Fin, Codavatar, Green Tick and Event Mo-showcasing expansion plans and Nepal's growing capacity in innovation and skilled talent.

Organisers said the initiative underscores Nepal's readiness to engage global markets, with the private sector positioned as a key driver of bilateral economic growth.