CNI urges Ambassador Acharya to help expand Nepal’s access in British market - South Asia Time

CNI urges Ambassador Acharya to help expand Nepal’s access in British market

 February 2, 2022  

KATHMANDU: The Confederation of Nepalese Industries (CNI) has asked the newly appointed Nepali Ambassador to the United Kingdom Gyan Chandra Acharya to work towards expanding Nepal’s access in the British market.

In a meeting held among Ambassador Acharya and Nepali business leaders, CNI urged envoy Acharaya to enable an environment whereby exports of Nepali products to UK would increase, British investment would flow in national infrastructure projects and Nepal would get easy access to the UK market after it is elevated into a middle-income economy.

Stating that there was investment drought in Nepali infrastructure projects, CNI representatives drew the envoy’s attention towards bringing British investments.

CNI President Bishnu Kumar Agrawal, while apprising the envoy that Nepal could lose its present trading terms once it becomes a middle-income nation, asked him to ensure continuity of trading terms the UK has has been providing to Nepal.

Agrawal was of the view that establishing direct flights between Nepal and UK would help to increase exports and promote tourism.

Ambassador Acharya, on his part, assured that he would work for the promotion of Nepali products in the British market. He added that a lot of potential existed for Nepali goods such as carpets, handicrafts, readymade garments, tea, coffee, among others in the UK, while establishing that the British people have faith in Nepali goods.

He committed to work hand-in-hand with Nepal’s private sector and business leaders for promotion of Nepali goods and services in the UK while strengthening bilateral ties. He noted the private sector’s aspirations of bringing in British investment in infrastructure projects. ( Khabarhub)