Kathmandu : A business delegation from Qatar led by Board Member of the Qatar Chamber of Commerce and Industries Mohd Ahmad MA Alobaidly has called on Minister for Finance Rameshwor Prasad Khanal and Minister for Foreign Affairs Balananda Sharma today.
Also present during the meeting were Qatar’s Ambassador to Nepal, Misal bin Mohammad Ali Al Ansari, and President of the Federation of Nepalese Chambers of Commerce and Industry, Chandra Prasad Dhakal.
On the occasion, discussions were held intensively on the prospects of Nepal-Qatar bilateral investment promotion, trade expansion, and government-to-government as well as private sector-to-private sector cooperation.
At the meeting, Finance Minister Khanal shared the delegation that legal and structural reforms have been taken ahead to create an investment-conducive environment in Nepal.
He clarified the government’s readiness to collaborate with the private sector to accelerate economic growth through foreign investment and technology transfer.
Minister Khanal emphasized on potentials for bringing Qatari investment in various sectors, including energy, minerals, health, education, tourism, agriculture processing, and information technology.
Likewise, Foreign Minister Balaram Sharma noted that Nepal has prioritized policy reforms and diplomatic facilitation for foreign investors while highlighting ample investment opportunities for Qatari investors in sectors such as energy, tourism, infrastructure, and information technology.
Ambassador Ansari shared willingness of the Qatari private sector in investing in Nepal and expressed confidence that stable policies, easy banking system, and investment security will further boost investment flows.
Federation President Chandra Prasad Dhakal called on Qatari investors for long-term partnerships in Nepal, highlighting significant potential for joint investments in energy, tourism, hydropower, hotels, agricultural processing, and infrastructure sectors.
Delegation leader Alobaidly expressed positive view of the investment environment in Nepal and stated that both countries’ private sectors are keen to expand direct cooperation and business exchanges.
The meeting is expected to help take Nepal-Qatar economic relations to a new level and lay the groundwork for concrete investment cooperation in the future.
The delegation also met with the Nepal Rastra Bank Governor Prof Dr Bishwonath Paudel, today. The delegation has come for Nepal visit at the invitation of FNCCI.
