Nepal-Australia Trade: NCC Appoints Honorary Representative

31st January 2025, Kathmandu

The Nepal Chamber of Commerce (NCC) has appointed Sanjib Sharma as its honorary representative in Australia to boost trade and investment between the two countries.

Nepal-Australia Trade Representative

Rajesh Kaji Shrestha, Chairman of the Chamber’s Advisory Council, handed over the honorary certificate to Sharma during a special ceremony held in Australia.

Strengthening Trade and Investment Ties

This new appointment aims to foster stronger economic cooperation between Nepal and Australia, particularly in trade, tourism, and investment. Shrestha highlighted the significance of Australia’s large Nepali community and its potential to serve as a key market for Nepalese exports.

Promising Export Market

Chairman Shrestha pointed out that Australia has shown a growing interest in Nepali exports, such as handicrafts, carpets, pasta, and domestic products. “In the current fiscal year, Nepal’s exports to Australia reached NPR 84 million,” he mentioned. He emphasized that Australia represents a promising market for Nepali goods and could support Nepal’s export growth.

Encouraging Investment from the Diaspora

Shrestha also encouraged the Nepali community living in Australia to invest in Nepal. He stressed that such investments could contribute significantly to the country’s economic development and provide valuable opportunities for both parties.

Sharma’s Commitment to Business Facilitation

Sanjeev Sharma, in his role as honorary representative, expressed his dedication to facilitating trade between Nepal and Australia. He vowed to focus on promoting exports from Nepal and making trade processes easier for Nepali businesses. Sharma also committed to working on bringing investments into Nepal, helping strengthen the economic ties between the two nations.

Ongoing Efforts to Promote Nepal’s Trade

This appointment is part of the Nepal Chamber of Commerce’s broader strategy to establish trade facilitation representatives in different countries. By selecting representatives in key international markets, the Chamber aims to enhance Nepal’s global business presence and support the growth of exports.

The appointment of Sharma reflects the Chamber’s ongoing efforts to expand Nepal’s economic reach and create new opportunities for business growth. This collaboration between Nepal and Australia is expected to yield positive results, further solidifying Nepal’s position in the global market.

Through this initiative, the Nepal Chamber of Commerce continues to promote trade, investment, and tourism, working to elevate Nepal’s economic standing on the international stage.

For more: Nepal-Australia Trade Representative