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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Oman to host business meet for Nepali businessmen

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MUSCAT: Sarmila Parajuli Dhakal, Ambassador, Extraordinary & Plenipotentiary of Nepal to the Sultanate, held a meeting with Ahmed Hassan Al Dheeb, Under-Secretary of the Ministry of Commerce & Industry, on Monday at the latter’s office.


Al Dheeb welcomed Sarmila Parajuli and expressed happiness over the excellent state of bilateral relations between the two countries.


The ambassador briefed the under-secretary on the latest political developments giving high importance on how Nepal after completing a long political transition, is moving forward on the path of economic growth with the focus on economic transformation and economic prosperity through industrialisation. Nepal located between the two vibrant and fastest growing economies India and China, is an attractive platform for investors and manufacturers.


Sarmila Parajuli highlighted that Nepal is moving forward on the path of reform on policies relating to economy, foreign investment, public-private partnership, special economic zones, industrial enterprises, labour, mining, banking, intellectual property, FDI provisions and repatriation of capital, industry and commerce to encourage foreign capital and technological investment.


Al Dheeb congratulated the ambassador for Nepal’s constitution 2015 and expressed his desire to co-operate on the various sectors of commerce and industries. The discussions touched on export-oriented industries in Nepal. He encouraged Nepali businesspersons to bring Nepali products in Oman and expressed his readiness to co-operate to organise an Oman-Nepal business conference’ so that Omani buyers can easily get connected with Nepali businessmen and exporters.


The discussions also highlighted the possibilities to invest in Nepal’s agriculture, infrastructures, hydropower, and manufacturing sector. Sarmila Parajuli highlighted duty-free market access for Nepali products in EU market and duty-free market access in American market for almost 66 products and also emphasised that Nepal can be a great platform for export- oriented performances.


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