IRGDD and NCC sign deal to strengthen Nepal’s economy through economic diplomacy

 Kathmandu, July 1

The International Relations and Global Diplomacy Dialogue (IRGDD) and the Nepal Chamber of Commerce (NCC) have signed an agreement to promote Nepal's economy through economic diplomacy.

The agreement was signed on July 1 during the NCC's Diamond Jubilee event in Kathmandu, celebrating 75 years of its support to Nepal’s private sector. IRGDD President Ambassador Dr. Sarmila Parajuli Dhakal and NCC President Kamlesh Kumar Agrawal signed the MoU in the presence of officials and guests from both organizations.

According to a press release, the partnership aims to strengthen Nepal’s international economic presence by working together on trade diplomacy, diaspora engagement, research, policy advocacy, and international promotion of Nepali products and services.

Dr. Dhakal said that Nepal’s development depends on a strong economy and that economic diplomacy should be a key part of the country’s international strategy. She introduced the term “Eco-politics”, suggesting that economic priorities are now shaping global political agendas. She also stressed the need to improve the quality and branding of Nepali products to meet global standards.

NCC President Agrawal highlighted Nepal’s potential in tourism, hydropower, IT, and natural resources. He noted that Nepal is already part of the global economy and called for more active international engagement.

The MoU outlines a five-year cooperation plan, including the formation of a Joint Coordination Committee and a progress review within six months. The goal is to strengthen Nepal’s position in global trade and investment through collaboration between diplomats and the private sector.

The event also included the exchange of publications — The Diplomat Nepal and an NCC journal — and a visit to the Raj Bahadur Memorial Hall to honor the legacy of NCC’s founding.

Comments

Post a Comment

Popular posts from this blog

First National Bamboo Conference Happening Now

KHOTANG, February 28 – The First National Bamboo Conference is currently being held in Diktel Bazaar, running from February 27 to March 1. The event was officially opened at the Khotang Multi-Purpose Covered Hall, and an exhibition showcasing various bamboo products is taking place nearby at the Matikore playground. The event is organized mainly by Diktel Rupakot Majhuwagadhi Municipality. Even the welcome gate and stage at the venue are built using bamboo. The exhibition features 51 stalls displaying items made from bamboo, along with local agricultural products. Mayor Tirtha Raj Bhattarai shared that traditional Nepali bamboo swings—lingle ping and rote ping—have been set up for entertainment. Over 300 guests from outside the district are attending the conference. During the event, bamboo experts will present 23 papers under the theme: “Where there is bamboo, there is life; where there is life, there is bamboo.” Other co-organizers include the Forest Research and Training Centre (Bab...
Read more

Gold prices keep going up

  Kathmandu, June 18 — Gold prices have been rising in the international market since June 10, and this has also pushed up prices in Nepal. When the market opened today, the price of gold had gone up by Rs 900 per tola (11.66 grams) compared to Tuesday, while silver rose by Rs 65 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association, gold is now being traded at Rs 195,500 per tola, and silver at Rs 2,225 per tola. International reports show that gold is currently priced at 3,393 US dollars per ounce in the global market.
Read more

Dengue cases are spreading rapidly in Chitwan.

Narayangadh (Chitwan), July 20 In the fiscal year 2024/25, a total of 3,889 people were confirmed to have dengue in Chitwan district. According to the Public Health Office, 3,020 of these cases were local residents—1,548 men and 1,472 women. The remaining 869 cases involved people from other districts—412 men and 457 women. Bharatpur Metropolitan City recorded the highest number of cases with 1,171 infections, while Madi Municipality had the fewest, with just 37 cases. One person died from the disease during the year. A total of 17,353 dengue tests were conducted throughout the year. Ram KC, a Vector Control Inspector at the Public Health Office, mentioned that the previous year had 1,831 confirmed cases out of 23,840 tests. Dengue was first detected in Nepal in 2004, in a Japanese tourist visiting Chitwan. The Public Health Office emphasized that the best way to prevent dengue is by protecting yourself from mosquito bites.
Read more