Nepal German Chamber of Commerce and Industry ( NGCCI ) held 24th & 25th Annual General Meeting under the theme “Partnership for Prosperity” on June 19, 2019 at Hotel Radisson , Kathmandu.
The General Assembly of NGCCI at the AGM reviewed programs undertaken in 2016/2017 and 2017/2018 and achievements made so far. The audited Balance Sheet of the Chamber for the fiscal year 2073/74 and 2074/75 was examined and approved by the Meeting.
The 24th & 25th Annual General Meeting also elected the new President Mr. Anup Bahadur Malla and 11 Executive Board Members namely Er. Gyanedra Lal Pradhan, Mr. Santosh Chandra Kunwar, Mr. Naresh Lal Shrestha, Mr. Kavindra Nath Thakur, Mr. Uttam Bhattarai, Mr. Samik Bikram Shah, Mr. Bhakta Bahadur Hamal, Mr. Alex Lal Muktan, Mr. Pramod Raj Satyal, Mr. Shubhashish Thapaliya and Mr. Taijash Sunder Lal Kakshapati.
The Inauguration Session was honored by Hon’ble Minister for Foreign Affairs, Mr. Pradeep Kumar Gyawali as the Chief Guest for the day who inaugurated the ceremony.
On the occasion, the Foreign Minister expressed commitment that the government would always play the role of facilitator by promoting national enterprises and called on the private sector to involve in sustainable development, saying the government was active to give pace to industrial development.
NGCCI President Mr. Senon Dorje lama, pledged the German entrepreneurs to invest in Nepal. H.E. Mr. Roland Schaefer, Ambassador of the Federal Republic of Germany to Nepal stated that skills development was equally essential as vocational education for the Nepalese and underscored the need for the Nepalese entrepreneurs to learn from the Chamber of Commerce of various countries.
Similarly, President of Federation of Nepalese Chambers of Commerce and Industry, Bhawani Rana, said that investors of Europe were excited to invest in hydropower, tourismand infrastructure sectors. Rana shared that the entreprenuers in Germany had enthusiastically shared their concerns and inquired about Nepal and its prospects of foreign investment in the recent High level delegation.
Keynote address on the theme of the AGM was delivered by Dr. Madan Kumar Bhattarai, Former Foreign Affairs Advisor to the President of Nepal. He also opined that foreign investment could be attracted to Nepal if bureaucratic delays were ended in Nepal.
At the program N.P Rugs Industries was awarded Best Exporter of the Year Award 2018 for highest export in the year 2018, the Best Importer of the Year Award was awarded to East West Concern Pvt. Ltd. and the Best Exporter for Non-Traditional Product Award was awarded to Nepal Bayern Elecric Pvt. Ltd. among NGCCI members. Millennium Challenge Account Nepal (MCA-Nepal) was honored with “Clean Energy Award” for ongoing work for clean energy initiatives in Nepal.
Large number of distinguished guests representing from the trade and industry sector in Nepal, government offices, German community in Kathmandu, various diplomatic missions and other important figures including journalist were present at the Inaugural Ceremony.