KATHMANDU: Nepal Chamber of Commerce (NCC) has urged the visiting Japanese Members of Parliament (MPs) to bring in more investment to Nepal from Japan.
Members of the Upper House of the Parliament of Japan as well as the members of the Nepal-Japan Parliamentary Friendship Group Kobayashi Kazuhiro and Nagai Manbu are on Nepal visit.
During the meeting held on Thursday, NCC representatives asked the Japanese MPs for their initiatives to increase Japanese investment in Nepal adding that diplomatic and economic relations between Nepal and Japan are historical.
On the occasion, NCC President Rajendra Malla said that mutual cooperation between Nepal and Japan should be further strengthened through increased investment and business partnerships. There are around 139,000 Nepalis in Japan, NCC President Malla mentioned and said that the relations between Nepal and Japan are very good even at the people-to-people level. Nepal exports goods worth $9 million to Japan while it imports goods worth around $47 million.
Malla also requested the Japanese lawmakers to create an environment for more investment in Nepal's hydropower, infrastructure, tourist and technology sectors. He opined that technology transfer in agriculture would help Nepal to get more benefits.
Earlier, on Thursday, the visiting Japanese MPs, who are also members of the Nepal-Japan Parliamentary Friendship Group, Kobayashi Kazuhiro and Nagai Manbu paid a courtesy call on President Ramchandra Paudel.
On the occasion, President Paudel lauded the very close and friendly relationship between Nepal and Japan and expressed his gratitude for the continuous support of the Japanese government in the development and strengthening of Nepal's democracy, according to the office of the President.
