Ambassador of Nepal Sewa Lamsal Adhikari has invited members of Karachi Chamber of Commerce and Industry (KCCI) to participate in the forthcoming Nepal Investment Summit, scheduled to be held in Kathmandu on 2nd and 3rd March 2017.
In a meeting with KCCI office bearers during her visit to the chamber, the Nepalese ambassador said the investment summit was being organised to promote Nepal as the investment destination for the next decade which would showcase investment opportunities especially to large scale investors who were keen to explore investment opportunities, KCCI statement stated on Tuesday.
KCCI President Shamim Ahmed Firpo, Senior Vice President Asif Nisar, Vice President Muhammad Younus Soomro, Honorary Consul General of Nepal Mushtaq Chhapra, Commercial Attache of Nepal Prashant Thakur and KCCI Managing Committee members were also present.
The ambassador urged the Pakistani businesspersons to invest in different sectors of Nepalese economy, particularly the hydropower sector which had the potential to offer lucrative opportunities whereas major facilities are accorded to the investors in Nepal.
She was of the view that although the trade volume between Pakistan and Nepal was currently not at a satisfactory level, the situation could be improved as the two countries had tremendous potential in the areas of trade, tourism, investment and cultural promotion.
She stressed on the exchange of business delegations for enhancing trade and promotion of investment opportunities between Nepal and Pakistan.
She opined that agriculture and tourism were the main areas where both the countries could collaborate but the logistics issues, lack of communication and proper marketing were some hurdles to expansion of bilateral trade.
