Binational chambers of commerce and Industry officials meet President Paudel

KATHMANDU: President Ramchandra Paudel has said the binational chambers of commerce and industry are the conductors of economic diplomacy. In a meeting with representatives and officials of 19 binational chambers of industry and commerce operating in the country on Saturday, President Paudel praised the role played by the private sector in filling the gaps in economic diplomacy. He appreciated the efforts of binational chambers of commerce and industry in promoting the country's foreign trade and investment and tourism and urged the officials of chambers to continue with it. He opined that in countries where Nepal does not have embassy, the gap in economic diplomacy can be filled through the private sector. He suggested that the role of private sector should be strong and effective for the greater economic development of the country and expressed his view that foreign investment can be facilitated through the chambers. Rajesh Kazi Shrestha, immediate past President of Nepal China Chamber of Commerce and Industry on behalf of 19 binational chambers of commerce and industry, said the private sector expected the President to guide the government in formulating private sector-friendly policies and regulations. Shrestha presented the situation of the external sectors of the economy showing the trade deficit, foreign investment and tourism sector. He opined that if private sector-friendly policies and rules can be formulated, the situation of the economy can be changed. During the meeting, the representatives of binational chambers of industry and commerce offered congratulations to Paudel on being elected as the third President of the Federal Republic of Nepal with the majority of votes. Present at the meeting were presidents and officials of Nepal-China Chamber of Commerce and Industry (NCCCI), Nepal German Chamber of Commerce and Industry (NGCCI), Nepal-India Chamber of Commerce and Industry (NICCI), Nepal-USA Chamber of Commerce and Industry (NUSSACCI), Nepal Britain Chamber of Commerce and Industry (NBCCI), Nepal-Japan Chamber of Commerce and Industry, Nepal Korea Chamber of Commerce and Industry, Nepal-Russia Chamber of Commerce and Industry, Nepal-Vietnam Chamber of Commerce and Industry, Nepal-Finland Chamber of Commerce and Industry, Nepal-Singapore Chamber of Commerce and Industry, Nepal-Italy Chamber of Commerce and Industry, Nepal-Kuwait Chamber of Commerce and Industry, Nepal Thailand Chamber of Commerce and Industry, Nepal-UAE Chamber of Commerce and Industry, Nepal-Sri Lanka Chamber of Commerce and Industry, Nepal-Myanmar Chamber of Commerce and Industry, Nepal-Philipines Chamber of Commerce and Industry and Nepal-Peru Chamber of Commerce and Industry. [caption id="attachment_34646" align="alignnone" width="1000"] The representatives and officials of 19 binational chambers of commerce and industry along with Presidnet Ramchandra Paudel pose for a photo at the Office of the President of Nepal in Shital Niwas, Kathmandu, on Saturday, March 25, 2023.[/caption] The meeting was held at the Office of the President of Nepal in Shital Niwas, Kathmandu. READ ALSO:

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