Connectivity a must to expand interregional trade: FNCCI President Dhakal « Khabarhub
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Connectivity a must to expand interregional trade: FNCCI President Dhakal

13 June 2023  

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KATHMANDU: Federation of Nepalese Chamber of Commerce and Industry (FNCCI) President Chandra Prasad Dhakal underscored construction of quality infrastructures so as to promote interregional trade and investment among the BIMSTEC nations.

Dhakal said so while addressing a special session ‘International Trade Forum: Opportunities and Barriers’ under the BIMSTEC Business Conclave that kicked off in Kolkata of India from today.

Dhakal also emphasized good road connectivity, waterways and railway connectivity among the BIMSTEC member nations to augment interregional and intra-regional trade and investment in the regional forum of seven nations, reads the statement.

The Bay of Bengal Initiatives for Multi-Sectoral Technical and Economic Cooperation (BIMSTC) has Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand as its member nations.

Dhakal furthermore spoke of the need to increase joint investment from the BIMSTEC member nations to enhance air connectivity as well as digital connectivity, improve infrastructures network and build new physical infrastructures.

Stating that it was necessary to increase physical infrastructures such as road and ports for easy transportation, he said that the BIMSTEC nations could make joint efforts for the development and up-gradation of infrastructures to support the development of the regional value chain.

Publish Date : 13 June 2023 20:09 PM

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