Tuesday, November 19th, 2024

Zambia to support mining industry in Nepal


13 September 2024  

Time taken to read : 2 Minute


  • A
  • A
  • A

KATHMANDU: Zambia’s non-resident ambassador to Nepal, Percy Patson Chanda, has expressed a commitment to providing technical support for the mining and exploration of minerals in Nepal.

The Zambian envoy made this statement during a courtesy call on Minister for Industry, Commerce, and Supplies Damodar Bhandari today.

In the meeting held at the Ministry, Ambassador Chanda noted that Nepal and Zambia share similar topographical features and that the Zambian government is ready to collaborate on mining exploration between the two countries.

Minister Bhandari commented that both countries are least developed and landlocked, thus facing similar challenges and development goals.

He added that there is significant potential for both nations to share experiences, particularly in trade, agriculture, tourism, and the mining industry.

“Nepal has prioritized mineral exploration, and there is potential for cooperation with Zambia in this sector, as Zambia is more advanced in mining,” he said.

The Minister also suggested that Zambia could serve as a key base for Nepal in expanding its relations within the African continent due to Zambia’s location.

Additionally, Zambia could benefit socially, culturally, and geographically from Nepal’s diverse geography and cultural potential.

Ambassador Chanda revealed that Zambia’s mining industry has an annual turnover of at least Rs 600 billion and a highly skilled technical workforce.

“There is significant potential in Nepal’s mining and mineral industry. Cooperation between Zambia and Nepal should commence soon, establishing coordination between the concerned ministries of both countries,” Ambassador Chanda said.

Director General of the Department of Mines and Geology, Ram Prasad Ghimire, briefed the Zambian ambassador on Nepal’s mining sector, according to Ananda Bhatta, Minister Bhandari’s private secretary.

Also present at the meeting were Chief of the Bilateral Trade Division and spokesperson Baburam Adhikari, and Chief of the Multi-sectoral Trade Division, Devraj Joshi, among other Ministry officials.

Publish Date : 13 September 2024 17:55 PM

Today’s news in a nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

Formation of committee to calculate arrears based on TOD

KATHMANDU: The Ministry of Energy, Water Resources and Irrigation has

CAN releases Nepal Premier League schedule

KATHMANDU: The Cricket Association of Nepal (CAN) has unveiled the

Small and Medium Enterprise Development Centre established

KATHMANDU: The Small and Medium Enterprise Development Centre has been

Prime Minister Oli and NC President Deuba hold talks at Baluwatar

KATHMANDU: Prime Minister and CPN-UML Chairperson KP Sharma Oli and