Nepal China Commerce Friendship Association (NCCFA) held its first annual general meeting. Yang Houlan, Chinese Ambassador to Nepal, and Barsa Man Pun, Minister for Finance of Nepal, D•B •Shrestha, Chairman of NCCFA,  Nilkantha Chaulagain, President of Nepal Trans Himalayan Border Commerce Association,  Suresh Basnet, President of Nepal Chamber of Commerce, Bhawani Rana, acting President of FNCCI, representatives from the friendship associations between China and Nepal, along with hundreds of guests attended the function.


Shrestha, addressing the meet, said that NCCFA was established in 2011 with the objectives to promote trade and investment between the two countries, to minimize the existing trade barriers, to strengthen Nepal China bilateral relations and to facilitate other economic sectors. Now China has been the second largest economy in the world. However, Nepal is yet to be benefit from China's development. He requested the two governments to continually support and facilitate the development of Nepal-China economic and trade cooperation.


Pun said that Nepal and China are linked by mountains and rivers, and the trade relations between the two countries have had a long history. The Government of Nepal attaches great importance to Nepal-China economic and trade cooperation, and will continue to support and develop it, and attract more Chinese investment to Nepal.


Yang, in his address, said that China and Nepal are friendly neighbors. No matter how the international and domestic situations change, the friendly cooperative relations between the two nations will keep growing. “This is because of the deep social and public foundation and the long-time economic and trade relations between us. The economic and trade exchanges and cooperation is playing a more and more important role in the comprehensive bilateral relations. NCCFA is another important platform of our trade and economic cooperation. I hope it will play an active role in the days to come.”


According to the Chinese Embassy website, Chinese ambassador Yang Houlan met with a political and business delegation from Rasuwa, the northern district of Nepal, which shares borders with China. The delegation was led by Dev Raj Simkhada, Principal of Shree Shyamey Wangphel Higher Secondary School.  Members included the district political party leaders of UCPN (Maoist), Nepali Congress, CPN-UML, the chairman of local trans-border association, the chairman of local trunk container association and the chairman of Langtang National Park, etc.