Qatar Chamber (QC) Acting General Manager Ali Saeed bu Sherbak Al Mansori has discussed commercial and economic bilateral relations with a delegation from Nepal led by the Federation of Nepalese Chambers of Commerce and Industry President Chandra Prasad Dhakal.
During the meeting, they explored the investment climate, and numerous opportunities available in both countries, and identified the most important sectors for cooperation and partnership between the Qatari private sector and its Nepalese counterpart.
Al Mansori praised the close relations between both nations, commenting that “two MoUs have been signed between the Chamber and the Federation. These agreements would open the door for more cooperation and partnership between the Qatari and Nepalese private sectors, aiming to develop a trade exchange that is still below aspirations.”
The Acting GM emphasized the importance of exchanging trade and business visits between both sides to explore cooperation opportunities among business owners from both countries and to learn about the investment climate and available opportunities in various sectors.
On his part, Dhakal stressed the close relations between both countries. He noted the importance of organizing a trade delegation from Nepal to visit Qatar, to review potential fields for cooperation with their Qatari counterparts.
The President extended an invitation to QC members and Qatari investors to participate in the Investment Summit scheduled to be held in Nepal in April.
Further, Dhakal highlighted that Nepal offers numerous opportunities across various sectors such as agriculture, tourism, industry, hydropower, electricity, and IT. He stressed that his country is developing the legislative environment to facilitate investment and provide more incentives to attract additional foreign investment.
