CNI Meeting with Chinese Ambassador

H.E.AmbassadorwithCNIPresident H.E.AmbassadorMr.WuwithCNIPresidentMr.Basnyat

Confederation of Nepalese Industries (CNI), the apex body of Nepalese Industrial community, held an interactive meeting with the Ambassador of Peoples' Republic of China at CNI secretariat on March 28, 2013. In the meeting Chinese Ambassador H.E. Ambassador Mr. Wu Chuntai recognized immense possibilities of improving economic and commercial ties between The People Republic of China and Nepal.

In the meeting CNI president Mr. Narendra Kumar Basnyat welcomed the ambassador to Nepal as well as CNI. He also wishes the best compliments for successful tenure of His Excellency Ambassador to Nepal that will be noteworthy and pleasant, memorable and productive to identify Investment and Business potentialities in Nepal in the near future.

CNI valued Your Excellency's appointment in Nepal and believe that it will foster the bilateral economic business and industrial relationship between Nepal and the People Republic of China," said Basnyat, adding that the private sector of Nepal is very keen to further expand the trade, investment and economic ties, which is expected to enlarge not only the business relation among the entrepreneurs of both the countries but will definitely be able to enhance the future cooperation in development initiatives taken by Nepal.

Although, there are more than 20 Chinese enterprises involving in Nepal, still there is vast scope of cooperation in areas of Hydro power projects, aviation industry, private sector development, infrastructure development, professional education, tourism and services," said Ambassador Chuntai, adding that China is willing to promote export in both of the countries and hence has agreed to provide duty free access for Nepal products. He further argued that China is interested to send more Chinese people to Nepal as tourist as there are vary pleasant places in Nepal like Chitwan, Lumbani, Pokhara etc. "For this China is preparing a documentary including major tourism places of Nepal and China," Wu said, hoping that will be instrumental to promote tourism in Nepal.

At the same time, CNI Governing Council Member Mr. Bijaya Shah appreciate the priority that the current Chinese Ambassador  gives to the economic and trade relations within the framework of laws and regulations in the concerned Countries. "No Chinese ambassador visited business people with in a short period of their appointment what your Excellency did," said Shah, adding that this activity will serve expansion of economic and industrial cooperation between the enterprises and organization of Nepal and China.

CNI vice President Mr. Hari Bhakta Sharma suggested the ambassador Mr. Wu to foster the interaction and exchange of commercial and economic delegations between the countries. "CNI has been working with China Council for Promotion of International Trade (CCPIT) and Bao Forum for Asia (BFA), the largest business association of China," said Sharma, adding that the parties will do their best for the realization of business contacts and get platform for promoting their business across geographical broader.