Plan for increasing trade between Egypt and Nepal

Bookmark and Share

Thursday - 5 September 2019 - 12:26 AM

newphoto

 

Eng. Ibrahim El-Araby, Chairman of the Cairo Chamber of Commerce and Chairman of the General Federation of Egyptian Chambers of Commerce, said that the Egyptian side welcomes the opening of new co-operation with the Nepalese side to increase the volume of trade between the two countries in the coming period.

 

 

El-Araby added, during a speech delivered by Eng. Sameh Zaky, Vice President of the Cairo Chamber on behave of ElAraby, during the meeting of the Nepalese delegation, headed by Jhebindra Prasad Ariel, Nepali Ambassador in Cairo, at Cairo chamber of commerce headquarters.

 

 

He stressed that Nepal can repeat Egypt's experience on urgent infrastructure plan, such as the Suez Canal, doubling our electricity production, including the world's largest solar farm, and constructing more than 7,000 km of new highways, a new administrative capital, and dozens of commercial and industrial cities, the reclamation and cultivation of a million acres, and thousands of acres of fish farms, which have been done in less than four years.

 

 

In order to open up the horizons of joint co-operation, both sides must start with transport and logistics for connecting our two countries, especially as both countries are geographically located along the “Belt” and the “Road”, and moreover, we must work hard to connect the business community from both sides by organizing more mutual visits to exploit available opportunities in trade, industry, agriculture, construction, electricity, Tourism, and infrastructure, and we can use the funding available from development, Arab, European, African and Chinese funds and banks to support our co-operation.

 

For his part, the Nepali ambassador said that this meeting aims to support trade between the two countries by increasing mutual relations and creating new co-operation horizons that serve the two countries, and this meeting is a new beginning between the business communities of the two countries and recognizing as well the needs of the two markets to export and import each other's needs, he stressed that the mutual meetings  will create new and ongoing co-operation between the business communities of Egypt and Nepal.