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US business team in Nepal looking for investment opportunity

Himalayan Times | 2011-06-27

US business team in Nepal looking for investment opportunity


KATHMANDU: A delegation from the American Chamber of Commerce in India has arrived in Kathmandu for a three-day long visit. The trade mission — the first by a US business organisation in 13 years — will explore investment and trade opportunities in Nepal. The important visit demonstrates the renewed American interest in Nepal’s economy building on the recently-signed US-Nepal Trade and Investment Framework Agreement (TIFA), according to the US embassy.

The Embassy hopes to expand the economic ties between the United States and Nepal by inviting more investment to Nepal.

The delegation of nine US companies including Johnson & Johnson, GE Healthcare, Rockwell Automation, Monsanto, and Bell Helicopter will meet the Prime Minister Jhala Nath Khanal, senior government officials, UCPN-Maoist leaders — Puspa Kamal Dahal ‘Prachanda’, Dr Baburam Bhattarai and Mohan Vaidhya ‘Kiran’ along with other political leaders, private sector players, tomorrow.

 source: Himalayan Times