News Article

Embassy of India in collaboration of IBN and NICCI organizes Post Investment Summit India-Nepal B2B meeting

By Republica

Published: April 30, 2024 07:53 PM

KATHMANDU, April 30: Embassy of India, Kathmandu in collaboration with the Investment Board of Nepal (IBN) and Nepal India Chamber of Commerce and Industry (NICCI) organized a Post Investment Summit India-Nepal B2B Meet in Kathmandu on Tuesday.

The B2B meeting was attended by 35 delegates from Millennium India International Chamber of Commerce and Industry (MICCIA) and Nepal India Chamber of Commerce and Industry covering energy, agriculture, construction, tourism, cold chain, medical devices, and finance consultancy and law sectors.

Speaking at the event, President of NICCI Shreejana Rana identified hydropower, tourism and agriculture as potential areas for cooperation between Indian and Nepali businesses.

Anil Trigunayat, president of MICCIA, appreciated the recent bilateral connectivity initiatives and the importance of B2B connections in taking India-Nepal Economic Partnership forward.

Similarly, Under Secretary Ramesh Adhikari at IBN summarized and welcomed Indian investors to do business in Nepal. He appreciated the more than 50-member strong Indian delegation from FICCI, CII, ICC, MICCIA as well as several individual businesspersons who had productive meetings at the 3rd Nepal Investment Summit from April 28 to 29, 2024.

The B2B meeting witnessed the signature of an MOU for cooperation between MICCIA and NICCI. Indian delegates were also provided a copy of the 3rd edition of Handbook for Indian Investors Investing in Nepal, which had been unveiled a day before by Finance Minister Barshaman Pun.

The Handbook can be downloaded at: https://www.indembkathmandu.gov.in/docs/Invest%20in%20Nepal_d020%20(final).pdf

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