press release issued by the Embassy of Nepal, Bangkok on the ‘B2B Session in Bangkok between the Business Communities of Nepal and Thailand’

Press Release
B2B Session in Bangkok between the Business Communities of Nepal and Thailand

The Embassy of Nepal, Bangkok organized a B2B Session between the business communities of Nepal and Thailand in Bangkok on 17 December 2018. A 20-member Nepali business delegation led by Mr. Rajesh Kazi Shrestha, President of Nepal Chamber of Commerce, and representatives from Federation of Thai Industries, Thailand Chamber of Commerce, Thai-Nepal Chamber Commerce, Non-Resident Nepali Association, Thailand, Thai media etc. were present in the programme.

Welcoming all the participants, H. E. Ambassador Dr. Khaga Nath Adhikari spoke about the opportunities available for businessmen and investors in Nepal. He said that Nepal has now stable Government which is committed to making effective arrangements for security of foreign investment and called upon the business community to help Nepal in its economic development by making investment in Nepal.

Mr. Rajesh Kaji Shrestha, President of Nepal Chamber of Commerce spoke about the trade relations between Nepal and Thailand, which started long time ago. He also mentioned about the current conducive investment environment in Nepal, giving some examples of foreign investment in Nepal. He added that the Return of Investment (RoI) of investing companies are encouraging. Mr. Shrestha called upon the Thai business entrepreneurs to participate in the Investment Summit to be held in March 2019 in Kathmandu to know more about the business opportunities in Nepal.

Speaking in the programme, Mr. Ashok Upadhya from the Federation of Thai Industries (FTI), thanked the Embassy of Nepal for organizing such an important programme, and said FTI was ready to collaborate with Nepal Chamber of Commerce to strengthen the trade relations between Nepal and Thailand. He also assured that he will bring some business entrepreneurs to Nepal during the Investment Summit in March next year.

The programme is believed to have greatly contributed to publicising business opportunities in Nepal and to establish contacts among business persons of the two countries.

In the afternoon of the same day, a Memorandum of Understanding (MoU) was signed between Nepal Chamber of Commerce and The Federation of Thai Industries at the latter’s office aimed at further strengthening bilateral commercial relations between the two organisations and the two countries.

Embassy of Nepal
18 December 2018