Senior vice president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal asked the visiting Indian business delegates to invest in Nepal's hydropower and tourism infrastructure.
Addressing an interaction programe between visiting delegates from Utkal Chamber of Commerce and Industry, Udisa, India and Nepalese business community in the capital on Thursday, Dhakal, who is also the acting president of the FNCCI, asked the Indian business leaders to investment in Nepal's hydropower, information technology and tourism sectors.
He said that Nepal's strategic location between the two growing economies provides it ample market opportunity and the opportunity for investment.
"We are between two giants and emerging economies. Nepal has duty free market access to India, China, EU and partially in the USA," he said adding," Multinational companies here are making good profit."
Stating that Nepal India shared special historical, cultural and religious relations, he asked Indian business community to expand and strengthen the business relation with Nepalese business community as well.
"Lets expand the business to business relations to a new height by starting a new level of collaboration from this visiting delegates," he asked.
"There is huge potential of business linkages between Nepal and India. I am confident that today's interaction between the visiting delegates and Nepalese business community would materialize into tangible projects of business cooperation," he said.
Dhakal said that Nepal was looking forward to further integrating trade and investment linkages with India, in order to integrate India's supply and value chains, so that both the countries could benefit from each other.
"Nepalese private sector is eager, as ever, to be part of Indian economic revival and prosperity. Being part and parcel of its supply chain and value chain network, we are ready to strengthen our bilateral business relation and cooperation," he said.
