1st April 2025, Kathmandu
A delegation from the Nepal Chamber of Commerce has traveled to Thailand to participate in the 6th BISTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) Summit.
Nepal Chamber BISTEC Summit
The delegation is led by President Kamlesh Kumar Agarwal and includes other senior officials. These include Rajesh Kaji Shrestha, Chairman of the Advisory Council, Dipak Malhotra, Senior Vice President, and Arjun Prasad Sharma, Honorary Vice President and Chairman of the International Relations Committee. The delegation is accompanying Prime Minister KP Sharma Oli on his official visit.
Focus on Bilateral Cooperation
During this visit, the Nepal Chamber of Commerce aims to engage in discussions that will lead to key agreements in various areas. These discussions will focus on bilateral trade facilitation, tourism promotion, and increased investment between Nepal and Thailand. The Nepal Chamber of Commerce is also preparing to sign a separate agreement with the Tourism Council of Thailand. This agreement will focus on trade, tourism, and civil aviation cooperation between the two nations.
Meetings with Thai Business Leaders
The Chamber’s delegation is scheduled to meet with some of Thailand’s leading business figures during their visit. These meetings will cover important topics such as improving trade and investment opportunities for Nepal. Kamlesh Kumar Agarwal, the Chamber’s president, highlighted the importance of these talks. He believes they will help enhance the trade relations between Nepal and Thailand while creating better investment opportunities in Nepal.
Tourism, Culture, and Civil Aviation Collaboration
In addition to economic discussions, the Nepal Chamber of Commerce is working to enhance tourism collaboration between Nepal and Thailand. They plan to identify key tourist destinations in both countries and promote them to increase visitor numbers. The Chamber is also planning joint marketing efforts and civil aviation cooperation to make travel between the two countries more accessible. Furthermore, they aim to facilitate the exchange of cultural heritage and knowledge to build stronger ties.
Investment and Trade Promotion
The delegation is determined to create opportunities for trade and investment growth. They aim to encourage Thai businesses to invest in Nepal and help create an environment conducive to foreign investment. Both countries are expected to benefit from improved economic cooperation in the long term.
Return to Nepal
The Nepal Chamber of Commerce delegation is set to return to Nepal on 4 April. The meetings and agreements held during this visit are expected to strengthen Nepal’s economic and cultural relationships with Thailand. The Chamber is hopeful that the discussions will lead to long-term benefits for both nations.
Conclusion
In conclusion, the Nepal Chamber of Commerce’s participation in the 6th BISTEC Summit marks a significant step in improving Nepal’s relations with Thailand. By addressing trade, investment, tourism, and cultural collaboration, the visit paves the way for a mutually beneficial partnership. The agreements and discussions from this summit will likely play a key role in enhancing Nepal’s economic position and fostering international cooperation in the years to come.
For more: Nepal Chamber BISTEC Summit