Germany to expand support for Nepal’s economic progress
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March 10, Kathmandu, German Ambassador to Nepal Matthias Meyer on Tuesday said the German government was committed to expanding support to Nepal in its efforts for economic prosperity.

In a meeting with Federation of Nepalese Chambers of Commerce of Industry (FNCCI) President Pradeep Jung Pandey here, ambassador Meyer noted the gradual improvement of environment conducive to investment and economic activities and said the German government was eager to expanding the support threshold.

The German envoy also said with the quick end to the current political instability it would facilitate attracting investment and technology to the country citing German investors wanted a confidential environment.

The envoy further expressed commitment to lend utmost support if a suitable and trustworthy proposal were to come from FNCCI for production of capable manpower.

On the occasion, FNCCI President Pandey underlined Federation’s expectation for enhancing Nepal-Germany relations and bilateral trade and investment and expansion of mutual support for development in tourism and technology sectors.

Pandey stressed on development of hydro power sector, infrastructure, commercial agriculture, tourism and production of skilled manpower.

Reminiscent of the market acquired by Nepali garment, readymade clothing and handicraft works in Germany and European countries in the past, the FNCCI President underlined betterment of the quality of foregoing products while appealing for support in supplying Nepal’s herbal tea, ginger and cardamom. RSS

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