Nepal Chamber of Commerce and Spanish Chamber of Commerce Discuss Strengthening Economic Cooperation

Summary

Nepal and Spain chambers of commerce discuss strengthening economic cooperation, trade, and investment with plans for business delegations and cooperation in renewable energy and other sectors.

Key Points
  • Negotiations were held between Nepal Chamber of Commerce and Spanish Chamber of Commerce to enhance bilateral economic cooperation.
  • An MOU is planned to be signed by late 2026 or early 2027 to institutionalize cooperation between the two chambers.
  • A Spanish business delegation is scheduled to visit Nepal in early 2027 to foster direct business relations and investment opportunities.
  • Both chambers agreed to focus cooperation on renewable energy, infrastructure, tourism, agriculture, and trade promotion activities.
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