•      Thu Sep 28 2023

CNI urges govt to prioritize economic diplomacy

Foreign Minister NP Saud (file photo)

Kathmandu, Aug 27: The Confederation of Nepalese Industries (CNI) has urged the government to prioritize export of Nepali products via Nepali embassies abroad.

During a discussion held with Foreign Minister NP Saud on Sunday, the CNI team led by Rajesh Kumar Agrawal requested the Minister that government prioritized economic diplomacy to promote tourism, export of Nepali products and bring in foreign investment.

CNI Chairman Agrawal stressed that government needs to create investment friendly atmosphere for attracting foreign direct investment. Policy stability is equally important for it, he underlined.

According to him, expansion of business relations with foreign investors is imperative for drawing foreign direct investment. The CNI also suggested the government that Nepali embassies abroad facilitated regular visits and interactions with foreign business representatives.

The delegation also demanded the government to give continuity to the cargo railway service presently operative from India to Biratnagar. The government is further reminded to do a ‘motor vehicle agreement’ with India.

On the occasion, Foreign Minister Saud assured that government would prioritize the issues raised by CNI.