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Home >> Business
UPDATED: 12:20, December 30, 2005
Talks to promote Sino-Nepal trade held in Nepal
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Officials of the Confederation of Nepalese Industries (CNI) on Friday held an interaction with an economic consular at the Chinese embassy in Kathmandu on bilateral trade, investment and tourism promotion.

During the program, officials of CNI pointed out the need to resolve problems faced by Nepali traders while doing business in China, especially in the Tibet Autonomous Region.

They also discussed ways for setting up joint ventures between Nepali and Chinese enterprises, taking into consideration opportunities created by globalization and economic liberalization.

Aatma Ram Murarka, acting president of CNI, urged Chinese investors to invest in infrastructure development in Nepal.

Liu Yinan, the economic consular, said political stability in Nepal is essential for Chinese entrepreneurs to invest in Nepal.

"There is no outstanding problem but friendship and cooperation between Nepal and China," Liu said, adding, "We will continue to be Nepal's good neighbor, friend and partner."

Source: Xinhua


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