Nepal-Qatar JBC meeting to be held soon in Kathmandu

Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), and Sheikh Khalifa bin Jassim bin Mohammed Al Thani, met Chairman of the Qatar Chamber, in Qatar.

During the meeting, they discussed strengthening economic and business relations and mutual cooperation between Nepal and Qatar. At the meeting, Dhakal stated that they had agreed to hold the next meeting of the Nepal-Qatar Joint Business Council (JBC) in Kathmandu soon, according to the FNCCI.

He said that the Nepal-Qatar Joint Business Council (JBC) has become a crucial mechanism for promoting trade and investment between the two countries and emphasised the need to finalise the membership list promptly to make it more effective.

Appreciating Qatar’s support in establishing the JBC, Dhakal urged Qatari investors to invest in Nepal, highlighting the abundant investment opportunities available. “There are investment opportunities in many sectors in Nepal. I invite Qatari investors to invest in hydropower, solar energy, information technology, fintech and agriculture-based industries,” he said. 

He also stressed the FNCCI’s ongoing digital transformation and mentioned that collaboration with the Qatar Chamber in this area would be important. He proposed sharing knowledge on AI-based business facilitation tools, blockchain-based trade documentation systems, and digital platforms for business matching and investment promotion. “Your support, based on Qatar’s experience in adopting advanced digital technology, will be an invaluable help in making the FNCCI a modern, technology-friendly organisation,” he said.

During the meeting, Qatar Chamber Chairman Sheikh Khalifa stated that the JBC mechanism would be finalised and made more effective. Dhakal reported that Al Thani also committed to taking the initiative to strengthen economic and business relations with Nepal and to continue such meetings and discussions.