Laxmi Capital News
Trade, investment issues between Nepal, B'desh discussed

Asenior aide of Bangladeshi Prime Minister Sheikh Hasina has said that bothNepal and Bangladesh need to work further to exploit the full potential oftrade and investment between the two countries.

Addressingsecond edition of “Nepal-Bangladesh Business Forum (NBBF)” jointly organized bythe Asian Institute of Diplomacy and International Affairs (AIDIA) and theEmbassy of Bangladesh in Kathmandu on Sunday, Prime Minister Hasina's mediaadvisor Iqbal Sobhan Chowdhury said although commerce between Nepal andBangladesh have steadily increased in the recent past the potential of tradeand investment opportunities between the two countries have not been exploitedto their full.
In the event organized with a theme "Beyond Bilateralism: Cooperation forProsperity", Chowdhury also pointed out the need to have increasedinteraction between the businesspersons of the two countries to promotebilateral trade and investment between the two countries. He maintained thatvarious discussions forums could also contribute towards this end. 

Bangladeshienvoy to Nepal Mashfee Binte Shams said they have been trying to address thecomplaints of business community and entrepreneurs that have impeded trade andinvestment between the two countries. She said that the second edition of NBBFwas focused on banking and connectivity, keeping in view of the complaints ofbusiness community and entrepreneurs in Nepal.  “If these sectorsrepresent the main improvement priorities, they also demonstrate the growingtrades and businesses interests between Nepal and Bangladesh,” she said.

TheNBBF forum is a bilateral platform policymaker, diplomats, business leaders/practitioners /experts, entrepreneurs, scholars, media among others to discussvarious issues related to bilateral economic cooperation including trade,tourism, connectivity and energy, according to AIDIA CEO Sunil KC.

Thefirst session of the event dwelled on the role of banks in facilitatingbilateral trade, investment and economic growth. Additional Secretary ofGovernment of Bangladesh and Chairperson Nepal-Bangladesh Bank Limited JalalAhmed, Former Vice-President of the Asian Development Bank Dr. Bindu N. Lohani,Former Governor-Nepal Rastra Bank Deependra Bahadur Kshetry and formerSecretary of Ministry of Commerce and Supplies Purushottam Ojha were among thepanelist in the session, according to a press statement issued by the AIDIA.

Thesecond session focused on the expansion of Bangladesh-Nepal connectivity withthe participation of various senior government officials including DirectorGeneral of Department of Railways Ananta Acharya, CEO of Bangladesh ForeignTrade Institute Ali Ahmed.

Source:MyRepublica 26th February 2018

Click here to download...!