FNCCI team to meet UP CM Yadav

KATHMANDU, July 20: 

A delegation of Nepali business community left for Lucknow, India to meet Chief Minister of Uttar Pradesh (UP), Akhilesh Yadav, for resolving the problems faced by Nepali herbs exporters after the state government led by Yadav enforced a new rule that brought the trade of medicinal herbs to a grinding halt.

Apart from that, the delegation will also discuss various issues of bilateral trade and the state of infrastructure along the border areas, Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said. 

FNCCI Vice President Bhawani Rana, who is leading the delegation, said that she would raise issues related to transport, transit and quarantine with Yadav during the meeting. 

"The meeting will basically focus on problems that the Nepali traders are facing at the border. The meeting will also review trade potentials between Nepal and Uttar Pradesh," reads a FNCCI statement. 

Apart from holding meeting with Yadav, the delegation is scheduled to interact with the officials of Confederation of Indian Industries (CII) and visit some industrial areas in Uttar Pradesh. 

"We will request the UP government to develop the cross-border transmission line to pave the way for formal power trade, upgrade the laboratories and improve the transport infrastructure, among others," Rana said. 

The meeting would also explore the possibility of jointly promoting tourism industry and invite Indian investors to put their money in different business sectors in Nepal.

Source: Republica