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Weekly Round Up (3 - 6 February 2014)

  2 min 18 sec to read

Tourism Minister hopes EU will remove Nepali Airlines from Blacklist 
Minister for Tourism and Civil Aviation, Ram Kumar Shrestha has expressed hope that the Nepali airlines would soon be removed from European Commission (EC)’s blacklist that bans all airlines from Nepal from flying into the 28-nation bloc. He was confident that EU will remove the Nepali carriers from the list of unsafe carriers if the team from the EC, which arrived in Nepal on Feb 3 to conduct an on-site inspection of six airlines, prepares a factual report after thoroughly looking into the air safety measures adopted by them including areas like airworthiness of their aircraft and flight operation. The EC team has started visiting offices of state-owned Nepal Airlines, Buddha Air, Tara Air, Yeti Air, Shree Air and Sita Air from February 3. The team is also visiting the office of Civil Aviation Authority of Nepal to look into areas like flight operation, personal licensing and accident investigation. Minister Shrestha, who was speaking at a programme organised in the capital, also made it clear that EU’s decision to put Nepal in the blacklist was not in any way influenced by the government’s decision to buy Chinese aircraft.
 
Pokhara Fair Concludes with Rs 80.5 m Transaction
The National Industrial Trade Fair that kicked off in Pokhara on January 23 concluded on February 3 with transactions of around Rs 80.5 million. ‘Protection of Investment, Promotion of Business’ was the theme of the fair organised by Pokhara Chamber of Commerce and Industry (PCCI). According to PCCI General Secretary Narayan Koirala, the fair that ran for 12 days saw over 120,000 visitors. It showcased 270 stalls related to different goods including handicrafts, agro-products, auto mobiles, information technology and garments. The fair was aimed at promoting local products and exploring their market, according to the organizers.
 
WB Team Inspects Upper Arun Project Site
A team from the World Bank (WB) on February 5 visited the project site of the 335MW Upper Arun Hydropower Project located some 10 kilometres away from Nepal-China border in Sankhuwasabha district. The WB team arrived in Nepal after a request from Nepal government to provide funds for the construction of the project. On February 4, officials from the Ministry of Energy (MoE) and Nepal Electricity Authority held talks with the WB team regarding the construction of the project, said Keshab Dhwoj Adhikari, spokesperson for the MoE. According to him, the WB is positive about providing soft loan for the construction of the project. The estimated cost of the project is around USD 450 million.

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