Wednesday, June 27, 2018

Nepal, Belgium pact to spur economic ties

Nepal and Belgium today signed a Memorandum of Understanding (MoU) for bilateral consultation between the two countries.
Foreign secretary Shanker Das Bairagi and secretary general of Belgium Dirk Achten signed the agreement on behalf of the Ministries of Foreign Affairs of Nepal and Belgium in Brussels today.
According to the MoU, Nepal and Belgium will hold consultations either in Kathmandu and Brussels or on the sidelines of international conferences to review their bilateral relations and cooperation. They also shared their views on the importance of exchange of high level visits, according to a press release issued by Nepali Embassy in Brussels.
The two sides while acknowledging huge potentials for enhancing economic collaboration and cooperation between the two countries underlined the need to promote trade, tourism and investment, it reads, adding that they also shared views on regional and global issues of mutual concerns and underlined the importance of multilateralism to address global issues facing the international community.
Similarly, foreign secretary Bairagi also had a meeting with the director general of the Directorate General of International Cooperation and Development of the Commission Stefano Manservisi at the latter’s office in Brussels.
Secretary Bairagi and DG Manservisi reviewed EU’s support to Nepal‘s development efforts in areas of sustainable rural development, education, health and good governance among others. They discussed the need to enhance Nepal-EU cooperation on knowledge generation, trade, investment and tourism, the press note adds.

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