Kathmandu: Confederation of Nepalese Industries and European Union (EU) officials discussed bilateral trade and economic cooperation enhancement between Nepal and EU here on Thursday.
The discussion was held today between the officials of the CNI and Deputy Director General of the European Commission, Myriam Ferran, and the Ambassador of the European Union (EU) to Nepal, Veronique Lorenzo, where matters relating to strengthening of bilateral trade relations between the two sides and increasing the export capacity of Nepali products to the European market were discussed.
According to the CNI, the discussion focused on graduation of Nepal from least developed to a developing country by 2026, the potential of Nepal’s manufacturing and information technology sector, and related commercial benefits and economic development.
On the occasion, CNI President Rajesh Kumar Agarwal shed light on various aspects of the economic and commercial relations between Nepal and the European Union and shared about the areas of
cooperation that the EU can provide for the economic development of Nepal in the future. He sought necessary support to re-operate direct air flights from Nepal to the European countries.
EU Ambassador to Nepal, Veronique, said that the European Union is committed to support Nepal in its journey of economic growth and development.
Source: National News Agency Nepal