FNCCI in US to promote investment year

A team of Federation of Nepal Chambers of Commerce and Industry (FNCCI) led by its President Suraj Baidha left for the United States with intent to promote Nepal Investment Year 2012/13.

The 11 members team will meet various US officials, including officials of Bureau of Energy Resources Office of Alternative and Renewable Energy US, Department of State, Export-Import Bank of the US, US Trade and Development Agency, National Hydropower Association (NHA), Energy and Environmental Industries, US Department of Commerce, International Trade Administration (ITA) and Transportation and Machinery, among others, states the release issued from the FNCCI. The team comprises of representatives from agriculture, banking, carpet, tea, garment and hotel sectors.

Likewise, it is also stated that the team will have meeting with various stake holders to highlight the latest policies and priorities set by the government for attracting foreign investment. "The team will discuss on investment prospects in sectors like energy and agriculture and shed light on investment climate in Nepal," reads the release.