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E C O N O M Y


 Kathmandu Thursday January 31, 2002 Magh 18,  2058.


‘Nepal ready to establish Business contacts with India’

By A Staff Reporter

Kathmandu, Jan. 30: Dr. Bhek Bahadur Thapa, Ambassador of Nepal to India, has said that it has become necessary to develop joint business activities for the entrepreneurs of India and Nepal to improve the economic scenario at the global level.

He further said that the government of Nepal is always ready to provide necessary help to establish new business contacts between the two countries. Thapa was inaugurating a workshop entitled "Indo-Nepal Business Promoters’ Views on Common Managerial Issues" organised by the Institute of Environment and Management, Lucknow and the Management Association of Nepal (MAN) here the other day, a MAN press release said.

He underlined the need for promoting business for mutual benefit through some arrangements.

Addressing the function, Dr. D.S. Chauhan, Vice Chancellor of the Madan Malviya Technical University said that the workshop had supplemented a new chapter by holding this international seminar.

Shambhu Shumsher, Vice President of MAN, said that there is an ample scope of business opportunities in Nepal. The government is ready to provide necessary help to the foreign investors, he added.

Narendra Bahadur Rajbhandari, Executive Member of MAN, highlighted the business opportunities in Nepal and cordial relations of the people of both countries. He also said the Nepalese resources should be utilised for the welfare of the people.

Similarly, Shree Sharma ‘Moorkha’ of MAN also highlighted the scope of people to people contact for their future benefits. The programme was chaired by Chauhan.

Meanwhile, a 15-member delegation led by president of the Garment Association Nepal (GAN) Brij Gopal Inani left here yesterday for Colonge, Germany to take part in the interjeans, the readymade garments fair to be organised there from February 1 to 3.

Other members of the delegation are Narayan Bajaj of Dipak Garments, Bharat Dhakal, Kamal Prasad Chudal and Harihar Upreti of Shivani Fashion, Chandi Prasad Aryal of Jaison Fashion, Prashant Kumar Pokherel of Ami Appraisels Private Limited, Balkrishna Thapa of Cotton Crafts Private Limited, Prakash Pant of Evergreen Appraisels, Arun Prakash Shrestha of Anujit Appraisels, Basu K.C. of Basu’s Export House, Rupesh Shrestha, Rahul Agrawal of Isworabma Garments and director of Trade Promotion Centre Dev Bahadur Rokaya.

Interjeans is considered to be the main readymade garment fair in Europe.

The participation of the Nepalese garment entrepreneurs in the fair is expected to promote interaction and professional relations with the European readymade garment importers and boost export of Nepalese garments to European countries.

At present 90 per cent of the Nepalese readymade garments are exported to the United States of America. The European garment trade fair is expected to contribute to diversifying export of Nepalese garments to the European countries.

Later on the Nepalese delegation will visit the European Council Central office based in Brussels and hold discussions with the officials of the European council in connection with trade between Nepal and Europe.

Likewise, Narayan Bajaj of Dipak Garment Enterprises, Bharat Dhakal of Shivani Fashion Garments Pvt and Prashant Kumar Pokherel of Ami Apparels Pvt will be taking part in the Copenhagen International Fashion Fair to be held in the capital of Denmark from February 7 to 10 at the invitation of the Royal Danish Ministry of Foreign Affairs.

Nepalese garment entrepreneurs will be taking part in the Copenhagen International Fashion Fair for the time along with garment entrepreneurs from Bangladesh, Vietnam and Egypt.


Allo new means of income generation in Ramechhap

By a Staff Reporter

Manthali: The rural people of Ramechhap district are now finding it worth collecting Allo, a nettle-like plant with hair and sting, to generate income.

Allo is a useful plant found in the jungles at an altitude of 8,000 to 12,000 feet.

Thokkarpur, Dhimipokhari, Ramdel, Rasnalu and Chuchure village development committees of Ramechhap are known for the plant the use of which is growing these days.

Earlier, villagers used Allo to make ropes and similar items. But now-a-days the local people are increasingly using the plant to produce quality yarns, which are weaved into clothes.

It is easy to refine Allo and produce strings at homes by setting up small factories. Knowing this, many local youths are now starting cottage industries, registering them at the office of District Cottage and Small Industries, to process raw Allo into yarns.

Mohan Thapa, a resident of Thokarpue-6 and the owner and proprietor of Sano Chuli Allo Processing Factory said, " The local villagers bring raw Allo to my factory to refine it and produce strings and send it outside the district for sale."

The thread produced in the local factories is reportedly exported to Japan and other countries to make clothes.

The factories set up in the villages to refine Allos not only provide the locals with employment opportunities but also help increase government revenue and earn foreign currencies, experts said.

According to the local people, one kg of the yarn sells for Rs.300 in the local market.


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