Bangkok, Thailand, April 2: Nepal and Thailand have signed two separate Memorandums of Understanding (MoUs) related to tourism and culture. The MoUs were signed in the presence of Prime Minister KP Sharma Oli and his Thai counterpart Paetongtran Shinawatra. PM Oli is currently on an official visit to Thailand.
Minister for Foreign Affairs Dr Arzu Rana Deuba signed on the MoUs on behalf Nepal while Minister of Culture Sudawan Wangsuphakijkosol signed the MoU related to culture and Minister of Tourism and Sports Sorawong Thienthong the MoU related to tourism cooperation on behalf of Thailand.
Similarly, a MoU has been signed between the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and the Trade Board of Thailand. A memorandum of understanding (MoU) on mutual collaboration and promotion of trade and business has been signed between the Federation and The Thai Chamber of Commerce and Board of Trade of Thailand.
FNCCI President Chandra Prasad Dhakal and Chairman of Thai Chamber of Commerce and Board of Trade, Sanan Angubolkul, signed the MoU in the presence of the two Prime Ministers.
The MoU aims to strengthen trade relations between Nepal and Thailand, promote economic cooperation, and prepare a structured framework for expanding trade and investment. It is also expected to further strengthen trade cooperation between the two countries and contribute significantly to expanding economic cooperation.
Similarly, Confederation of Nepalese Industries and Federation of Thai Industries, Nepal Chamber of Commerce and Tourism Council of Thailand have signed separate MoUs. The Kathmandu University and Siam University have also signed an agreement.
PM Oli arrived here on April 1, leading a Nepali delegation to attend the 6th BIMSTEC Summit and on an official visit of Thailand at the invitation of the Government of Thailand.
