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Published On:
March 17, 2021 07:11 PM NPT
KATHMADNU, March 17: President of Federation of Nepalese Chambers of Commerce & Industry (FNCCI) Shekhar Golchha has nominated Vice President of Nepal-India Chamber of Commerce & Industry (NICCI) Sunil KC as an advisor to the International Investment Promotion at the FNCCI.
KC is a young entrepreneur and knowledgeable person in Nepal-India relations along with International diplomacy and he has been actively working in the field of economic diplomacy for a long time. He is the Founder/CEO of the Kathmandu-based think tank institution “Asian Institute of Diplomacy and International Affairs (AIDIA).
NICCI has congratulated KC for being nominated for the position. “NICCI believes that Mr. KC’s good international relations with foreign countries, especially; India, Bangladesh, Sri-Lanka, Georgia, Azerbaijan, Turkey, Ethiopia, Sudan, Spain, and South Africa will be helpful in the promotion of Foreign Investment to bring in Nepal,” said a press statement issued by the NICCI.
KATHMANDU, August 12: The Ministry of Industry, Commerce and Supply and the Federation of Nepalese Chamber of Commerce and Industry...
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ILAM, Sept 4: Industrialists and entrepreneurs of eastern Nepal have started studying different areas in Province 1 for investment. ...
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KATHMANDU, June 27: A delegation of Federation of Nepal Chamber of Commerce and Industry (FNCCI), led by its President Bhawani Rana,...
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Treaties With Other Countries
On 6 June 1997, a new sub-regional grouping was formed in Bangkok and given the name BIST - EC (Bangladesh, India, Sri Lanka, Thailand Economic Cooperation). Myanmar attended the inaugural June Meeting as an observer and joined the organization as a full member at a Special Ministerial Meeting held in Bangkok on 22 December 1997, upon which the name of the grouping was changed to BIMST-EC. Nepal was granted observer status by the second Ministerial Meeting in Dhaka in December 1998. Subsequently, full membership has been granted to Nepal and Bhutan in 2003. During the First Summit in Bangkok on 30-31 July 2004, the grouping's name was eventually changed to the 'Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation', or BIMSTEC.
BIMSTEC covers a population of approximately 1.3 billion and the trade value between Thailand and other countries in the group exceeded US$3 billion in 2003. The forum is unique as the only link between South Asia's Look East policy and Thailand's Look West policy, as well as a mechanism to promote opportunities for trade, investment and tourism between Thailand and South Asia.
BIMSTEC's objectives stretch from creation of economic and social prosperity based on equality, to enhancement of mutual benefits in economic, social and technological aspects. They also involve intra-regional assistance in the form of training, research and development as well as beneficial cooperation in the areas of agriculture, industry, expansion of trade and investment, improvement in communication and transport, for the purpose of improving living standards and cooperation with other international organizations.
BIMSTEC's 6 cooperation sectors are:
BIMSTEC's Working MechanismCan be divided into 5 levels:
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Business News › News › India › Time to elevate Roti-Beti ties to wider investment partnership, says NICCI Vice Prez
Time to elevate Roti-Beti ties to wider investment partnership, says NICCI Vice Prez
Time to elevate Roti-Beti ties to wider investment partnership, says NICCI Vice Prez
Agencies Sunil KC the Vice President at Nepal-India Chamber of Commerce & Industry (NICCI) and Advisor for International Investment Promotion at Federation of Nepalese Chambers of Commerce & Industries (FNCCI)
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