KATHMANDU: Nepal-India Chamber of Commerce & Industry (NICCI) organised a programme to welcome and honour Indian Ambassador to Nepal, Naveen Srivastava.
NICCI President Shreejana Rana welcomed Ambassador Srivastava and introduced him to the organisation’s executive members, conveners and representatives of nine subject-wise working committees and the officials of secretariats.
On the occasion, NICCI briefed Ambassador Srivastava about the issues being faced by businesspersons and industrialists while businesses had come to a standstill for a couple of years due to Covid 19 pandemic. The conveners and representatives from the working committees briefed the issues identified by the committees. The private sector’s organisation also urged him to take initiative towards resolving the issues.
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Nepal-India Chamber of Commerce & Industry (NICCI) President Shreejana Rana presents Plaque of Honorary Patron of NICCI to Indian Ambassador to Nepal, Naveen Srivastava, at NICCI office in Kathmandu, on Friday, February 10, 2023.[/caption]
NICCI Vice President Sunil KC informed the Indian Ambassador that the association has made preparation to publish the third modified version of an investment guide containing information about the investment, procedure, investment type and model of investment for Indian nationals wanting to invest in Nepal. He also informed that preparations have been made to organise a two-day partnership seminar in May 2023 with the aim of creating an investment environment for Indian investors in Nepal.
Likewise, NICCI Executive Member Batu Lamichhane, also the coordinator of Energy Committee, informed the ambassador about the present situation of hydropower projects and the hydroelectricity generated by Nepal. He held discussions about expanding, strengthening and utilising the transmission lines between Nepal and India.
The association's Treasurer, Kunal Kayal, informed Ambassador Srivastava about the problems and hassles being faced by the businesspersons at transit points while importing goods from India. He also expressed the hindrance caused by the requirement to undergo a complicated process while trying to export allopathic and ayurvedic medicines to India.
Executive Member Rajan Sharma, who is also the coordinator of Trade & Transit Committee of the association, stressed the need for more facilitation in trade between Nepal and India. Similarly, he underscored the need to proceed according to the concept of multimodal transport in business. Sharma urged Ambassador Srivastava to take initiative to facilitate issues related to phytosanitary, lab accreditation and certification in the export business of agricultural products and animal products.
Similarly, Harkirat Singh Bedi, NICCI Vice President and coordinator of the Indian Business Forum (IBF) Committee, informed that the industries have been facing problems in distributing their product brands due to the fact that famous Indian brands have already been registered in Nepal by others and they have occupied the brands and trademarks. Similarly, acts related to advertisement have also created uncomfortable situations in the promotion of products as the industries here need to get approval from various agencies (Department of Industry, Nepal Rastra Bank) and there is a complicated process to send a payment for services received from foreign service providers. He also informed the ambassador that the committee was trying to find a solution to these problems.
At the Programme, NICCI President Rana honoured Ambassador Srivastava by presenting the Plaque of Honorary Patron of NICCI.
Ambassador Srivastava expressed his gratitude for the honour. On behalf of the Indian Embassy, he committed to cooperating in solving these problems in order to achieve joint goals in the future.
NICCI has nine different working committees — Tourism Committee; Event, PR, Publication, Membership drive and Chapter related Committee; Indian Business Forum (IBF); Industry & Export Promotion Committee; Tax & Custom Committee; Energy Committee; Banking & Insurance Committee; Trade & Transit Committee; and M/SME Committee.
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Nepal-India Chamber of Commerce & Industry (NICCI) President Shreejana Rana presents Plaque of Honorary Patron of NICCI to Indian Ambassador to Nepal, Naveen Srivastava, at NICCI office in Kathmandu, on Friday, February 10, 2023.[/caption]
NICCI Vice President Sunil KC informed the Indian Ambassador that the association has made preparation to publish the third modified version of an investment guide containing information about the investment, procedure, investment type and model of investment for Indian nationals wanting to invest in Nepal. He also informed that preparations have been made to organise a two-day partnership seminar in May 2023 with the aim of creating an investment environment for Indian investors in Nepal.
Likewise, NICCI Executive Member Batu Lamichhane, also the coordinator of Energy Committee, informed the ambassador about the present situation of hydropower projects and the hydroelectricity generated by Nepal. He held discussions about expanding, strengthening and utilising the transmission lines between Nepal and India.
The association's Treasurer, Kunal Kayal, informed Ambassador Srivastava about the problems and hassles being faced by the businesspersons at transit points while importing goods from India. He also expressed the hindrance caused by the requirement to undergo a complicated process while trying to export allopathic and ayurvedic medicines to India.
Executive Member Rajan Sharma, who is also the coordinator of Trade & Transit Committee of the association, stressed the need for more facilitation in trade between Nepal and India. Similarly, he underscored the need to proceed according to the concept of multimodal transport in business. Sharma urged Ambassador Srivastava to take initiative to facilitate issues related to phytosanitary, lab accreditation and certification in the export business of agricultural products and animal products.
Similarly, Harkirat Singh Bedi, NICCI Vice President and coordinator of the Indian Business Forum (IBF) Committee, informed that the industries have been facing problems in distributing their product brands due to the fact that famous Indian brands have already been registered in Nepal by others and they have occupied the brands and trademarks. Similarly, acts related to advertisement have also created uncomfortable situations in the promotion of products as the industries here need to get approval from various agencies (Department of Industry, Nepal Rastra Bank) and there is a complicated process to send a payment for services received from foreign service providers. He also informed the ambassador that the committee was trying to find a solution to these problems.
At the Programme, NICCI President Rana honoured Ambassador Srivastava by presenting the Plaque of Honorary Patron of NICCI.
Ambassador Srivastava expressed his gratitude for the honour. On behalf of the Indian Embassy, he committed to cooperating in solving these problems in order to achieve joint goals in the future.
NICCI has nine different working committees — Tourism Committee; Event, PR, Publication, Membership drive and Chapter related Committee; Indian Business Forum (IBF); Industry & Export Promotion Committee; Tax & Custom Committee; Energy Committee; Banking & Insurance Committee; Trade & Transit Committee; and M/SME Committee.
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Published Date: February 12, 2023, 12:00 am
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