NICCI hosts farewell reception for Indian Ambassador Naveen Srivastava

Summary

NICCI hosted a farewell reception in Kathmandu for Indian Ambassador Naveen Srivastava as his tenure in Nepal comes to an end. The event highlighted Nepal-India business cooperation, hydropower potential and ongoing efforts to improve the trade balance.

Key Points
  • NICCI hosted a farewell reception at the Marriott Hotel in Kathmandu for outgoing Indian Ambassador Naveen Srivastava and departing First Secretary (Commerce) Suman Shekhar.
  • NICCI President Sunil K.C. cited joint initiatives such as the Business Climate Survey, Investment Guidebook and Potato Summit.
  • Srivastava said Nepal’s hydropower and energy sectors have strong growth potential and could help improve the trade balance with India over time.
  • The event also welcomed Rishabh Deo as the new First Secretary (Commerce) at the Embassy of India.
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