Agreement between ‘CNI’ and ‘CCPIT’ to establish Nepal-China Business Council

Kathmandu: The Confederation of Nepal Industry (CNI) and the China Council for Promotion of International Trade (CCPIT) have reached an agreement to establish a Nepal-China Business Council (NCBC) to promote investment and bilateral cooperation between the two countries.

On the occasion of Prime Minister Pushpa Kamal Dahal (Prachanda)’s visit to China, CNI and CCPIT has signed an agreement on Sunday.

The MoU was signed by CNI President Rajesh Kumar Agarwal and CCPIT Vice President Chang Saogang.

It has been said that the Council will conduct activities to streamline business activities between the two countries, conduct research and study-related initiatives, create networking opportunities for investment enhancement, exchange business visits, conferences and dialogues.