Chairman Dhakal said that India is Nepal's largest trading partner and major source of investment, adding that open borders, cultural proximity, and people-to-people ties have made the partnership between the two countries unique.
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Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry, has emphasized the need to make Nepal-India economic cooperation more result-oriented.
Addressing the 'Second Indo-Nepal Trade Festival 2026' that began in the Indian capital New Delhi on Friday, he stressed the need for smooth customs procedures, standard coordination, strengthening of digital trade systems, and facilitation of financial access and technology transfer for small and medium-sized industries between Nepal and India.
Chairman Dhakal said that India is Nepal's largest trading partner and major source of investment, and that open borders, cultural proximity, and people-to-people ties have made the partnership between the two countries unique.
He stressed the need to further strengthen cooperation between neighboring countries, noting that the global economy is in a state of uncertainty and supply chain disruptions. He was of the opinion that the priority given by India's recent Union Budget to promote infrastructure, digital connectivity, green energy, and small and medium-sized industries would create new opportunities for Nepal as well.
Chairman Dhakal had informed that Nepal is rich in hydropower and electricity exports to India have begun, and said that Nepal can become a reliable green energy partner of India if there is appropriate transmission line and policy stability.
Similarly, he mentioned that Nepal offers natural beauty, adventure and spiritual destinations in the tourism sector and informed that investment opportunities are expanding in hotels, resorts and cable car projects.
He said, ‘Nepal has ample potential in energy, tourism industrial sector, special economic zone, cross-border logistics, agro-processing, pharmaceutical industry, education and health services. I urge Indian investors to invest in such sectors.’
Stating that Nepal’s private sector has always raised its voice in favor of political stability and economic discipline, Dhakal also mentioned that policy reforms are being carried out in Nepal to maintain investor confidence in the long term.
Stating that the Indo-Nepal Trade Festival is not just a formal event but a platform to transform goodwill into business partnership, Chairman Dhakal also called on Indian industrialists, businessmen and investors to take forward concrete cooperation in the green energy, digital services, tourism and manufacturing sectors.
Dhakal expressed confidence that Indo-Nepal economic cooperation can be taken to new heights based on political will, policy stability and mutual trust.
