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NCC​ President Urged for an Effective Role in Increasing Investment

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NCC​ President Urged for an Effective Role in Increasing Investment
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July 29: Dr Rajesh Kazi Shrestha, President of Nepal Chamber of Commerce (NCC) urged newly appointed Ambassador of United Arab Emirates (UAE) for Nepal, Saeed Hamdan Mohammed Al Naqbi for an effective role to increase trade and investment between Nepal and UAE. President Shrestha expressed such opinion amid a meeting between Ambassador Naqbi and NCC officials on Thursday.

As per the press statement issued on Thursday, President Shrestha wishing for a successful year expressed his belief towards the significant support for social and economical development between two countries.

President Shrestha informing that the capital and technology is required for rehabilitation and reconstruction after last year’s devastating earthquake requested for the inflow of capital and technology of United Arab Emirates in Nepal. He also said that creative support is being expected from Ambassador Naqbi for the promotion of the goods exported from Nepal. Similarly, President Shrestha also urged Ambassador Naqbi to continue trade and investment participating in the Nepal Chamber Expo 2016 that is being organised by NCC from September 23 to 27.

On the occasion, Ambassador Nqbi informed that United Arab Emirates is willing to make private investment on trade, investment, tourism, water resources, energy, and agricultural sector. He also said that he will make an effort for the socio-economical development between two countries. He urged to pay special attention in expanding the airport capacity and making the cargo service more effective informing that it is necessary to remove the double taxation between two countries.

 Ambassador Nqbi stressed in increasing the participation of private sectors in higher level delegation visit, increasing participation in trade and fair as private sector plays vital role in expanding the social and economical relationship between two countries.

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