American Chamber of Commerce to promote Sustainable Economic Development in Nepal

Investment Facilitation Workshop
Share It On:

30th July 2022, Kathmandu

Today, the U.S. Embassy in collaboration with the American Chamber of Commerce (AmCham Nepal) organized a one-day workshop with business and government leaders to promote sustainable economic development in Nepal.

The topics discussed focused on Nepal’s business environment and investment policy initiatives. Those in attendance included entrepreneurs, executives, business association representatives, development agencies, think tanks, and government officials – all key stakeholders in promoting sustainable economic development in Nepal.

The event was also an opportunity for the U.S. Embassy to demonstrate support for increased U.S. business investment and engagement in Nepal.

Chargéd ‘Affaires Manny P. Micaller Jr., Governor of the Nepal Rastra Bank (NRB) Maha Prasad Adhikari, and Secretary of the Ministry of Industry, Commerce, and Supplies Arjun Pokharel, provided opening remarks.

“In Nepal, as in many other countries, the private sector is the key change agent in economic development – creating jobs and contributing the most to national income.” said Chargé d’Affaires Manny P. Micaller Jr. “Beyond that, the private sector leads by example, demonstrating values such as responsibility and inclusion, and making a positive impact that lifts all communities in Nepal,”

The event also highlighted the new and rapidly growing American Chamber of Commerce in Nepal (AmCham Nepal), which is working to support the U.S.-Nepal trade and investment relationship.

AmCham Nepal’s president Ajit B Shah at the private sector panel together with the leaders of FNCCI, CNI, and NUSACCI shared about the necessity of Amcham Nepal and how it is working on mitigating policy challenges for existing American businesses currently operating in Nepal.

He furthermore added that there is a huge opportunity to deliver IT Services to the rest of the world from Nepal and that there is a need to have an organization like NASSCOM to accelerate this industry.


Share It On:

Recent Posts

Citizens Bank 11.11 Deals: Exclusive Discounts on Daraz

Citizens Bank 11.11 Deals: Exclusive Discounts on Daraz

Share It On:5th November 2024, Kathmandu Citizens Bank International Limited signed an agreement with Nepal’s leading online marketplace, Daraz, to

Local Talent Shines in Cybersecurity: Bipu Ojha and Tuan Khuat Win CDU IT CodeFair CTF

Local Talent Shines in Cybersecurity: Bipu Ojha and Tuan Khuat

Share It On:5th November 2024, Kathmandu Bipu Ojha and his teammate Tuan Khuat have emerged as winners in the prestigious

CEDB Hydropower’s Extraordinary General Meeting Concluded: Five Directors Elected

CEDB Hydropower’s Extraordinary General Meeting Concluded: Five Directors Elected

Share It On: 5th November 2024, Kathmandu CEDB Hydropower Development Company Limited has successfully concluded its extraordinary general meeting. CEDB

Government’s Journalist Accident Insurance Program: Apply Now For Your Protection

Government’s Journalist Accident Insurance Program: Apply Now For Your Protection

Share It On: 5th November, Kathmandu The Department of Information and Broadcasting has announced the launch of a new insurance

Nepal Life’s Property Acquisition in Hetauda: A Strategic Move For Growth

Nepal Life’s Property Acquisition in Hetauda: A Strategic Move For

Share It On:5th November, Kathmandu Nepal Life Insurance, a leading life insurance company in Nepal, has recently expanded its footprint

Global IME Dividend Announcement: Key Book Closure Date Revealed

Global IME Dividend Announcement: Key Book Closure Date Revealed

Share It On:5th November 2024, Kathmandu Global IME Bank has good news for its shareholders! The bank has announced a