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KATHMANDU: Prime Minister KP Sharma Oli has urged the businesspersons and industrialists to boost exports to the neighbouring countries, India and China by augmenting domestic production.

Inaugurating the 8th International Chamber Expo organized by the Nepal Chamber of Commerce at Bhrikutimandap today, PM Oli said identification of the most marketable goods and their international trade contributes to national economy. The infrastructure development which is gaining a pace will be further intensified to ensure Nepal’s graduation to the status of country with mid-level income by 2026, he informed.

The Head of the government shared that efforts were on to develop the Tribhuvan International Airport as a boutique airport while Nepal’s access to sea would be ensured gradually to ease trade expansion.

“Only things bought for consumption does not suffice to elevate business,” he said, underlining the need for boosting production with the use of science and technology. Present government is devoted to economic development, Oli reminded.

PM Oli underlined the need for unity and activism of all sides to develop Nepal. PM Oli expressed happiness over Chamber’s expo that aimed at launching improvement.

On the occasion, Minister for Communications and Information, Prithvi Subba Gurung, viewed government was planning legal arrangement with policy clarity on artificial intelligence. The ordinance the government brought was for the commercial and professional development of information technology.

Chairman of the Nepal Chamber of Commerce, Kamalesh Kumar Agrawal, expressed happiness that the recent ordinances the government brought had spread positive hope in the industrial sector.

There are 125 stalls showcasing the products from Nepal, India, Pakistan and other in the fair. The expo lasts through February 3.



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