World Trade Center Mumbai organised an interactive meeting with Ms Sujata Koirala, Former Deputy Prime Minister & Foreign Minister of Nepal, Head of International Relations Department, and Central Committee Member, Nepali Congress to discuss roadmap to strengthen bilateral relations.

During this meeting, Ms Koirala invited Indian investors to invest in four hydroelectric power projects of 400 mw each, which have got all approvals and are ready for implementation in Nepal.

She remarked, “India and Nepal share similar cultural, religious and civilizational background. Our country is on the path of economic development and India has been our trusted development partner. The objective of my visit to India is to deepen our partnership, especially in areas such as hydropower, mining, healthcare, education and tourism, where there is tremendous potential to enhance relationship. I invite Indian investors to invest in the four proposed hydropower projects of 400 mw each which are ready for implementation in our country.”

Ms Koirala assured all possible support for Indian investors and traders looking to invest or expand their business in Nepal.

“Both the countries have great economic cooperation; there is strong people to people ties, tourism and exchange of workers. My objective is to strengthen this relationship by bringing together industries and chambers of commerce of both the countries, Ms Koirala added.

Earlier in his welcome remarks, Dr Vijay Kalantri, Chairman WTC Mumbai and President, All India Association of Industries. Mentioned, “India and Nepal are not just neighbors but Sister states. India has not only invested in infrastructure, hydropower projects, but also contributed to the country’s exports by buying electricity from Nepal.”

Dr Kalantri assured that WTC Mumbai and All India Association of Industries (AIAI) will work to strengthen this partnership in trade, investment, tourism and cultural areas.

Dr Kalantri informed, “In the past, we have hosted trade delegations from Nepal, including the present and past Prime Ministers of the country.”

Dr Kalantri further informed, “There are lot of opportunities in mining of gold, hospitality, spiritual tourism. Nepal is keen on Indian investment in services sector. Nepal is a friendly country for India. It is a cost-effective economy and it is easy to travel for Indian businesses to Nepal.”

The event was attended by members of Council of Management of WTC Mumbai.

Ms Sujata Koirala, Former Deputy Prime Minister & Foreign Minister of Nepal (2nd from right) being felicitated by Dr. Vijay Kalantri, Chairman, WTC Mumbai. Also seen in the photograph are: (from left to right): Ms. Rupa Naik, Executive Director, WTC Mumbai, Ms. Aakruti Bagwe, Director - Operations, WTC Mumbai, Ms. Priya Pansare, Director – Trade Promotion, WTC Mumbai and Capt. Somesh Batra, Vice Chairman, WTC Mumbai at an interactive meeting at WTC Mumbai