Wednesday, March 20, 2024

Switzerland-Nepal fact-finding mission concludes unlocking trade opportunities

The Embassy of Switzerland, in collaboration with Switzerland Global Enterprise (S-GE) and the Nepal Swiss Chamber of Commerce and Industries (NSCCI), successfully conducted the second fact-finding mission with a Swiss business delegation's visit to Nepal from March 17 to 20.

The mission aimed to acquaint Swiss companies with the Nepali market and its key stakeholders, according to a press note issued by the Embassy of Switzerland in Nepal.

Participating were esteemed organisations such as Ferring, Roche, Stone Step, and Swiss Re, it reads, adding that the delegation engaged in high-level meetings with notable entities including the Ministry of Health, Kathmandu Metropolitan City, Department of Drug and Administration, Nepal Electricity Authority (NEA), National Public Health Laboratory, Department of Health Service, development partners, various public and private hospital and offices. “Additionally, the delegation interacted with various private sector companies primarily focused on health, Insurtech and infrastructure development.”

The ambassador of Switzerland to Nepal Dr Danielle Meuwly, highlighted the success of the first fact-finding mission, that took place in November 2022, citing achievements like the air service agreement between Nepal and Switzerland.

She expressed optimism that this second mission will contribute to similar outcomes, supporting Nepal's transition from aid to trade. 

The meaningful discussions held with government officials, experts, development partners, and private companies were well received by the Swiss delegation, significantly enriching their understanding of Nepal’s business sector and identifying potential investment areas.

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