AmCham and CNI to promote US investment in Nepal

Nepal/USA

The American Chamber of Commerce in Nepal (AmCham) and the Confederation of Nepalese Industries (CNI) have forged an business agreement for collaboration business between Nepal and the United States.

A memorandum of understanding (MoU) has been signed between AmCham and the CNI to enhance US investment and cooperation in Nepal. Rajesh Kumar Agarwal, president of the CNI, and Nirmalkaji Shrestha, president of the AmCham, signed the MoU at a function held at the CNI secretariat on Tuesday.

Shrestha said that cooperation with the CNI will work effectively to develop the country’s economy by promoting American investments. Agarwal said, “This collaboration will act as a bridge to connect Nepal and America commercially.”

According to this agreement, the two organisations will act as a point of contact between Nepalis and American entrepreneurs, provide investment information to American investors willing to invest in Nepal, cooperate in advocating policy reforms to meet mutual objectives and conduct strategic activities to increase American investment in Nepal.

AmCham Nepal’s primary objective is to foster a business environment that is conducive to the success and growth of all its members. As a leading organization representing American businesses and professionals in Nepal.

AmCham Nepal is dedicated to advocating for policies and initiatives that promote economic development, investment, and trade. By providing a platform for collaboration and dialogue between government authorities, businesses, and stakeholders. AmCham Nepal works towards creating a supportive ecosystem where businesses can thrive and contribute to the overall prosperity of Nepal.

Through various programs, events, and advocacy efforts. AmCham Nepal aims to enhance the competitiveness and sustainability of its members while also contributing to the broader socioeconomic development of the country.

The Confederation of Nepalese Industries (CNI) plays a vital role in supporting its member manufacturing and service industries as they navigate through the dynamic political and economic landscape of Nepal. With a focus on promoting industrial growth and development, CNI collaborates closely with the government and related agencies to address policy issues and drive initiatives aimed at enhancing the competitiveness of Nepalese industries. By advocating for favorable policies and providing guidance on industrial development matters.