Doha, October 05 (QNA) - The Qatar Chamber and the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) agreed to establish a joint business council and hold its first meeting with all its members in Kathmandu, the capital of Nepal, in the near future.

This agreement was reached during a meeting between HE Chairman of the Qatar Chamber Sheikh Khalifa bin Jassim Al-Thani, and HE President of the FNCCI Chandra Prasad Dhakal.

During the meeting, they discussed commercial and economic cooperation between the two sides and discussed ways to enhance it. The investment climate and available investment opportunities in both countries were also explored, along with the role of the private sector in boosting trade exchange rates.

The executive committee of the Qatar-Nepal Joint Business Council, headed by HE Sheikh Khalifa bin Jassim Al-Thani and HE Dhakal, emphasized the importance of appointing members of the joint business council from both sides as soon as possible. This will allow the council to begin its activities aimed at bringing businesspeople from both countries closer together and facilitating ongoing interaction to increase trade and economic cooperation.

During the meeting, the role of the joint business council in promoting trade activities and strengthening cooperation in trade, investment, technology transfer, services, and other industrial sectors was also highlighted. The council will provide a recognized and regular forum for discussions on enhancing these activities between businesspeople and industrialists in both countries. (QNA)