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UK-Nepal trade and investment forum formed



LONDON: A meeting of the entrepreneurs, business persons and investors of the United Kingdom held in London on August 5 and 10 has formed the United Kingdom-Nepal Trade and Investment Forum.

The meeting presided over by the lawmaker of House of Lords of the UK and Vice-Chair of the Party Parliamentary Group for Nepal Lord Sheikh decided to forum, stated a press release issued by the London-based Embassy of Nepal on Monday.

Vice-chairpersons of the Forum are Lord Karan Wilimoria, Viscount Beverly, Mahanta Bahadur Shrestha, Bhagawanjee Chauhan and Rabindrajung Lamichhane. Atam Sandhu and Bikas Nepal are the general secretary and treasurer. Nepal’s Ambassador to the UK Dr Durga Bahadur Subedi is the patron of the forum.

In an inaugural program on Monday, Ambassador Dr Subedi said the Government of Nepal has been implementing investment-friendly policy and also expressed that the forum would prove to be a milestone towards promoting trade, business and investment between Nepal and the UK.

Also speaking on the occasion, newly-elected chair of the forum and British lawmaker Lord Sheikh pledged to contribute to the economic development of Nepal by sending British investment to Nepal.

The Forum would also be effortful to reach out the policy and program of Nepal government on trade, business and investment and to act as a bridge to establish linkage and relations between the entrepreneurs of Nepal and the UK and beyond, he added.

The UK-Nepal Trade and Investment Forum is planning to organize a special program focusing on trade and investment of Nepal on the third week of September 2020, it was shared.

Publish Date : 11 August 2020 21:44 PM

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