Recent Political Decision has encouraged US Investors in Nepal - Nepalee.Com

Recent Political Decision has encouraged US Investors in Nepal

APR 30, 2012 KATHMANDU – A high level 3 Party meeting in Hattiban resort last week which has taken initiative of ending the long awaited Maoist Army to integrate to Nepal Army has triggered positive response in International arena says Lorraine Hariton.

Lorraine Hariton, the US State Department’s Special Representative for Commerce and Business Affairs, has said Nepal’s recently-achieved success on peace and constitution writing front has encouraged US investors.

“Though there are wait and see situations, the US is committed to work in Nepal with its new investment proposals,” she said at an interaction organized by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) here on Sunday.

Saying that entrepreneurship development is key to sustainable economic development of a country, Hariton urged the Nepali private sector to concentrate on this area. Identification of entrepreneurs, development of business environment for them, introduction of appropriate laws and policy and access of market are the steps towards entrepreneurship development, said Hariton, who arrived in Nepal on Friday on a five-day visit.
“The maximum mobilization of youth in economic activities will develop entrepreneurship in them and will foster the growth of national economy,” she said, adding that her county would support youth entrepreneurship development in Nepal.

FNCCI signs MoU with TiE-Global

KATHMANDU: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) on Sunday signed a memorandum of understanding (MoU) with TiE-Global, a group of successful entrepreneurs, corporate executives, and senior professionals. As per the MoU, the FNCCI and TiE will host training and experience exchange programs and make efforts to generate employment through entrepreneurship development.

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