The
government is planning to bring an economic diplomacy action plan that is
expected to promote tourism and attract investment in hydropower, apart from
helping solve problems of Nepali migrant workers.
The
government has also formed a high-level coordination committee led by Minister
for Foreign Affairs, apart from setting up an economic diplomacy desk at the ministry,
and also in Nepali diplomatic missions in foreign countries.
"Economic
diplomacy is one of the important aspects of foreign policy," minister for
Foreign Affairs Madhav Prasad Ghimire said, at an interaction here today.
There is a need
of crafting new vision and restructuring existing mechanism for its effective
enforcement, he said, recommending to set up bilateral chamber of commerce by
private sector in foreign countries, add more honourary consulate generals,
organise trade and investment fairs and appoint tourism advisors by Nepal
Tourism Board (NTB).
Senior economist
Prof Dr Biswambhar Pyakurel, on the occasion, stressed the need to lay emphasis
on quality service and production apart from boosting foreign trade based on
the principle of comparative costing.
Likewise,
president of Non Resident Nepalis Association (NRNA) Shesh Ghale called for
coordination on concrete agenda for economic diplomacy. "The NRNA has
presence in 65 countries across the globe," he said, adding that the
association is helping promote Nepal abroad.
"Nepali
embassies should be made hospitable and business-friendly as Nepal has been famous
for tourism in the world," advised president of Hotel Association of Nepal
(HAN) Shyam Kachhapati, on the occasion.
The officiating
secretary at the Ministry of Foreign Affairs Shankar Bairagi informed about the
policy-level decision and structural changes to boost economic diplomacy.
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