FNCCI President Dhakal meets UAE, Mongolian ambassadors

Kathmandu: President of the Federation of Nepalese Chambers of Commerce and Industry Chandra Prasad Dhakal has held a meeting with the ambassadors of the United Arab Emirates and Mongolia.

President Dhakal requested the respective ambassadors for support in promoting investment in Nepal. Dhakal met with the UAE Ambassador Abdulla Al Shamsi and the Mongolian Ambassador to India, who is concurrently accredited to Nepal, Ganbold Dambajav, on Wednesday.

He also requested them for their participation in the Nepal Investment Summit that is scheduled for April 28-29 in Kathmandu. The discussions centered around enhancing bilateral trade and investment ties between Nepal and these two nations.

During the meeting with the UAE ambassador, President Dhakal thanked His Excellency for his support in organizing the Nepal Dubai Business Summit that was held in November in Dubai with the support of the embassies of both countries.

He also informed the ambassador of the vast investment potential that Nepal holds. During the meeting, His Excellency Abdulla Al Shamsi also spoke about his interest and the possibility of signing a bilateral investment agreement between UAE and Nepal.

Similarly, during the meeting with the Mongolian ambassador, President Dhakal held talks related to mutual issues of trade and investment opportunities. President Dhakal provided information on the investment opportunities that Nepal has in the hydroelectricity and tourism sectors. He also apprised the ambassador of Nepal’s external sector stability.