First German-Nepal Business Forum kicks off

October 2 : The first-ever German-Nepal Business Forum aims to increase and promote the Germany’s investment in Nepal kicked off  today.

The two-day event jointly organised by the Investment Board, the Embassy of the Federal Republic of Germany in Kathmandu and the Nepal German Chamber of Commerce and Industry ( NGCCI) with the theme of ‘ building bridges for business relations’ is being attended by a 15-member business delegation led by Deputy Mayor of City of Cologne, Germany; Hans-Werner, representatives from Germany-funded projects in Nepal and Nepal’s business community.

Speaking at an inaugural session of the conference, Germany’s Ambassador for Nepal Roland Schafer said, “a new Nepal-with a stable government and a population eager to hone its skills- is now of interest for private enterprise from Europe and especially from Germany.  He expressed his hope that the event partners would take ownership of this initiative and turn it into a sustainable tradition over the years.

Secretary at the Ministry of Industry, Commerce and Supply, Baikuntha Aryal said the government had guaranteed amendment to existing related laws and policies, enactment of new laws and other institutional arrangements to attract and promote foreign investment.