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 Kathmandu Thursday April 26, 2001 Baishakh 13,  2058.


Agro Business Interface 2001 kicks off

Post Report

KATHMANDU, April 25- With the theme "Tea for economy, employment and environment", a three-day Agro Business Interface 2001-Tea Event, kicked off Wednesday amidst much fan fare here at the Birendra International Convention Centre.

The first of its kind in Nepal, Agro Business Interface 2001, jointly organized by the Agro Enterprise Center (AEC), Federation of Nepalese Chambers of Commerce and Industries (FNCCI), National Tea and Coffee Development Board, Nepal Tea Planters Association, Nepal Tea Association and Himalayan Orthodox Tea Producers Association, the historic event highlighted the key areas of employment opportunities, agricultural development and sustainable environment development through the development of tea industry.

Chief Guest of the occasion, Chakra Prasad Bastola, Minister for Foreign Affairs said that with the coming in of the much awaited tea policy a few months back and with the growing interest of producers and traders, the time is just right for repositioning Nepal in the global tea map. "We can be the leader of organic tea," he added.

On the same occasion, Suraj Vaidya, Chairman of AEC said, "The event is can act as a dynamic forum to provide excellent opportunities in developing business and ideas amongst Nepali investors and existing tea entrepreneurs."

Highlighting the new tea policy, Vaidya said the Industrial Enterprise Act has given a national priority status to tea industry and that there is tremendous potential for the expansion of tea plantation in the hills and the Terai.

Pradeep Kumar Shrestha, President of FNCCI said, tea sector which currently employs 22,000 people is expected to provide employment close to 80,000 people in the future, with an estimated 7.5 billion rupees worth of tea production.

From 8 million kg in 2001, the production of tea is expected to shoot up by 13 million kg by the year 2005. The policy spells out an equal partnership between the public and the private sector enterprises through very liberal investment policy.

Projecting the expansion of plantation areas for the orthodox tea, known to the world for its unique flavour and taste, experts said that a total of 7000 hectares of land will be brought under plantation by 2005 up from 3500 hectares in 2000.

Citing the lack of proper planning irrespective of the existence of conducive climate and topography like Darjeeling, Shrestha said, tea in eastern hill of Nepal has not been able to meet quantitative standards despite the production of high quality tea. "The government has to pay more attention," he added.

The three-day event will address issues ranging from business opportunities, collaboration and joint ventures through the intercourse between the representatives of world’s leading tea producing nations- India, Sri Lanka, Pakistan and Nepal.


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