Nepal, Vietnam eye deeper economic and cultural ties
Summary
Nepal and Vietnam are looking to deepen their economic and cultural ties with plans to enhance cooperation in trade, tourism, investment, and technology transfer, while celebrating 50 years of diplomatic relations.
Key Points
- Vietnamese Vice President Vo Thi Anh Xuan met Nepal President Ramchandra Paudel to discuss expanding bilateral economic ties.
- Nepal is focused on economic and social transformation through investment in agriculture, tourism, manufacturing, and hydropower.
- The two countries emphasized cultural connections, including Buddhism and tourism, with Vietnam recognizing Lumbini as a sacred site.
- They agreed to strengthen cooperation in trade, investment, connectivity, and discussed plans for direct air links and a Bilateral Consultation Mechanism.
