Kathmandu, August 25
Two leading private-sector management organisations of Nepal and India on Thursday signed an agreement to promote inter-country trade, technical and economic cooperation.
Management Association of Nepal (MAN) and PHD Chamber of Commerce and Industry (PHDCCI) signed the agreement in New Delhi yesterday. The two organisations plan to exchange the agreement in presence of Prime Minister Sher Bahadur Deuba, who is currently in New Delhi on a state visit.
MAN President Sushil Bhatta and PHDCCI President Gopal Jiwarajka signed the agreement on behalf of their organisations, agreeing to work as focal points in both the countries and each other in an effort to establish and develop mutual trade relations between their respective members and also enlarge the areas and scope of cooperation.
“Both parties claim the MOU is a milestone in arranging reciprocal trade and market research missions and make beneficial business contacts as well as activities aimed at promoting mutual trade and relations,” MAN claims in a statement issued after the ceremony, “They also agree to collaborate and conduct the national level programmes such as training, research, consulting, exchange of faculty and students, staff development; collaborate together in the organisation and participation in exhibitions, trade fairs, symposia, conferences or similar events; and provide appropriate recommendations to the respective governments.”
