KATHMANDU: CG Agrotech under Chaudhary Group, a leading agricultural (agri) commodities business in Nepal, has partnered with DMCC to increase bilateral trade with South Asia in the agri-commodities space.
Varun Chaudhary, Managing Director of Chaudhary Group and CG Agrotech, and Feryal Ahmadi, Chief Operating Officer of DMCC, signed the memorandum of understanding (MoU) amid a programme.
The agreement seeks to create collaboration between DMCC’s business community and CG Agrotech and its partners, leading to increased trade, investment and market access for DMCC member companies. The partnership will also see CG Agrotech and DMCC share knowledge and information related to addressable markets and new opportunities to further boost trade, especially in the coffee, tea and honey sectors.
CG Agrotech Managing Director Chaudhary said, “Partnering with DMCC marks the next step in the Nepal-UAE agri trade relationship, which continues to strengthen. Leveraging DMCC's extensive network of 23,000-member companies and exploring mutually beneficial opportunities will significantly impact our ability to further enhance bilateral trade."
Likewise, Feryal Ahmadi, Chief Operating Officer, DMCC, said, “South Asia’s net agri commodities imports have risen significantly in recent years and this trajectory is projected to carry forward in the coming period. Simultaneously, the critical global issue of food security is in the spotlight now more than ever, creating increased demand for agri commodities across the world. Through a range of strategic partnerships such as this, DMCC looks to address these opportunities by further enhancing the efficiency and value provided by its agri trade ecosystem in Dubai, and in particular for our 4,200-plus South Asian member companies.”
CG Agrotech is a leading organisation producing and selling agricultural products in Nepal. This company has been exporting high-quality herbs and products including tea, coffee and honey. The company's commitment to preserving the natural properties of Himalayan herbs and promoting sustainable agricultural practices has established CG Agrotech as a company providing healthy premium products.
The agreement seeks to create collaboration between DMCC’s business community and CG Agrotech and its partners, leading to increased trade, investment and market access for DMCC member companies. The partnership will also see CG Agrotech and DMCC share knowledge and information related to addressable markets and new opportunities to further boost trade, especially in the coffee, tea and honey sectors.
CG Agrotech Managing Director Chaudhary said, “Partnering with DMCC marks the next step in the Nepal-UAE agri trade relationship, which continues to strengthen. Leveraging DMCC's extensive network of 23,000-member companies and exploring mutually beneficial opportunities will significantly impact our ability to further enhance bilateral trade."
Likewise, Feryal Ahmadi, Chief Operating Officer, DMCC, said, “South Asia’s net agri commodities imports have risen significantly in recent years and this trajectory is projected to carry forward in the coming period. Simultaneously, the critical global issue of food security is in the spotlight now more than ever, creating increased demand for agri commodities across the world. Through a range of strategic partnerships such as this, DMCC looks to address these opportunities by further enhancing the efficiency and value provided by its agri trade ecosystem in Dubai, and in particular for our 4,200-plus South Asian member companies.”
CG Agrotech is a leading organisation producing and selling agricultural products in Nepal. This company has been exporting high-quality herbs and products including tea, coffee and honey. The company's commitment to preserving the natural properties of Himalayan herbs and promoting sustainable agricultural practices has established CG Agrotech as a company providing healthy premium products.
Published Date: July 21, 2023, 12:00 am
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