Urge to open Chinese banks in Nepal

Rajesh Kaji Shrestha, president of the Nepal-China Chamber of Commerce and Industry, has underscored the need to bring Chinese banks to Nepal due to the increasing trade between the two countries.

Addressing a meeting with a delegation from the Commission for Education, Science, Culture and Public Health Standing Committee of Guangzhou Municipal People's Congress, he said that most of the Chinese goods imported into Nepal came from Guangzhou and that trade was increasing each year. He said that opening banks in Nepal would facilitate business between the two countries.

At the meeting, deputy director general of the commission Zhou Guosheng said that the main aim of their visit was to help Nepali traders and learn about the problems being faced by them. He also urged Nepali traders to take an active part in the Canton Fair being organised in Guangzhou.

Shrestha also requested the delegation to provide stalls at free of cost to Nepalis participants in the fair. The meeting was attended by members of the Nepal-China Chamber of Commerce and Industry and entrepreneurs from various business fields.
Source:eKantipur