European Economic Chamber of Trade, Commerce & Industry (EEC) - Nepal held its 6th Annual General Meeting (AGM). A strong 64 member General Assembly under the leadership of Dibya Mani Rajbhandari at the AGM chalked out a policy to guide the chamber for another one year.
“We need to identify the products to increase our export to European Union. Of course, Nepal has trade surplus with EU and it is a largest trading partners,” said Rajbhandari addressing the meeting.
AGM is being held at a time when job creation opportunities & foreign direct investment and local investment require stable and peaceful environment that are far from reality in the country today. “It is in the interest of the country to make strong policy in broad consensus from the business communities, political parties, policy makers and all stakeholders. There can only be economic surge in the country if the policy is strong, manageable professionally and supported by the government and all major political parties,” said EEC-Nepal in its press release.
European Economic Chamber (EEC)-Nepal was established in 2005 to strengthen socio-economic ties between Nepal and the member states of the European Union. EEC-Nepal offers its services to companies, organizations, and associations especially in the field of business information and contacts in 27 Member States of the European Union.
“EEC-Nepal has been making its efforts to bring the business group together. By increasing trade, we want to reduce the level of poverty,” said Binayak Shaha, general secretary of EEC-Nepal.
As far as foreign exchange earning is concerned EU is Nepal’s largest trading block in terms of Investment, Trade, Tourism and provider of development aid.