Nepal, Pakistan stress expanding trade and investment cooperation
Summary
Nepal and Pakistan have called for expanded trade, investment and private-sector partnerships to deepen their long-standing diplomatic ties. The Nepal Chamber of Commerce said Nepali products could find stronger market access in Pakistan, while Pakistan’s experience in pharmaceuticals and textiles could support cooperation with Nepal.
Key Points
- Nepal and Pakistan stressed the need to deepen economic cooperation alongside their long-standing diplomatic ties.
- NCC President Kamlesh Kumar Agrawal said bilateral trade has remained limited despite a trade agreement in 1982 and a Joint Economic Commission in 1983.
- Agrawal highlighted export prospects for Nepali tea, cardamom, ginger, medicinal herbs, essential oils and processed farm products.
- He also pointed to Pakistan’s strengths in pharmaceuticals and textiles as areas for possible cooperation and joint investment.
