Nepal Has Huge Potential for Chinese Investment and Tourists: FNCCI President Dhakal

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Nepal Has Huge Potential for Chinese Investment and Tourists: FNCCI President Dhakal

August 9: The President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Chandra Prasad Dhakal, and the Chinese Ambassador to Nepal, Chen Song, held a meeting to explore opportunities for enhanced collaboration between the two nations on Tuesday.

 The meeting took place at the FNCCI office, during which President Dhakal highlighted Nepal's promising potential as an attractive hub for Chinese investment and tourism.

President Dhakal emphasized that Nepal's manufacturing, energy, and tourism infrastructure sectors offer substantial prospects for Chinese foreign investment. Dhakal underscored the importance of establishing direct flights connecting China's major cities with Nepal's international airports to boost tourism.

He urged Ambassador Song to consider prioritizing Nepal as a primary destination for Chinese tourists. Similarly, President Dhakal requested support from the Chinese embassy in Nepal to facilitate visits for micro entrepreneurs to China. He also drew attention to the prospect of Chinese banks entering Nepal's banking sector for financial collaboration between the two nations.

President Dhakal appealed to Ambassador Song to take steps to reopen Tatopani Check Point, which has been non-operational for an extended period. 

In response, Ambassador Song said that Chinese investors are interested in sectors such as manufacturing, agriculture, and energy in Nepal. Song stressed the importance of creating a favorable environment in Nepal to encourage and support foreign investments.

He highlighted the significance of policies that ensure stability and ease of business transactions, citing China's own success story as a global manufacturing leader due to foreign investments.

Furthermore, Ambassador Song shared that discussions are underway regarding the resumption of the Tatopani Check Point and the potential entry of Chinese banks into Nepal's financial sector.

 

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