Nepal and Qatar sign agreement on bilateral investment and cooperation

04/24/2024

Kathmandu, Apr. 24: Nepal and Qatar have reached to an agreement and understanding to collaborate in the art and culture, education, communication, youth and sports, legal assistance, and the industry and commerce sectors.

These agreements and MoUs were signed today on the occasion of the State Visit of Amir of Qatar, Sheikh Tamim Bin Hamad Al-Thani, said Amrit Bahadur Rai, spokesperson at the Ministry of Foreign Affairs.

The two countries signed the Memorandum of Understanding (MoU) on collaboration in the area of art and culture, exchange of news between the official news agencies of Nepal and Qatar, and exchange of cooperation in the education sector.

The agreements and MoUs were signed in the witness of the Qatari Amir and Prime Minister Pushpa Kamal Dahal 'Prachanda' following bilateral talks between them at the Soaltee Hotel today.

The Agreement signed today is on Cooperation and Exchange of News between National News Agency, Nepal (RSS) and Qatar News Agency (QNA).

The MoUs signed include: the Memorandum of Understanding for Cooperation in the Fields of Culture and Arts between the Ministry of Culture, Tourism and Civil Aviation of Nepal and the Ministry of Culture of the State of Qatar; the Memorandum of Understanding for Cooperation in the Field of Education, Higher Education and Scientific Research between the Government of Nepal and the Government of the State of Qatar; the Memorandum of Understanding on Cooperation in the Field of Youth and Sports between the Government of Nepal and the Government of the State of Qatar; the Memorandum of Understanding for Cooperation between the Office of the Attorney General of Nepal and the Public Prosecution of the State of Qatar and the Memorandum of Understanding on Cooperation in the Field of Diplomatic Training and Education between The Institute of Foreign Affairs (IFA) of the Government of Nepal and The Diplomatic Institute of the Ministry of Foreign Affairs of the State of Qatar.

Minister for Law, Justice and Parliamentary Affairs, Padam Giri and Qatar's State Minister of Foreign Affairs, Sultan Bin Saad Al Muraikhi signed on the MoUs at the government level on behalf Nepal and Qatar, respectively.

Similarly, a MoU related to exchange of investment has been signed between the Federation of Nepalese Chambers of Commerce and Industry and the Qatar Chamber of Commerce in the private sector.

FNCCI President Chandra Prasad Dhakal and Shekh Khalif Bin Jasim Al Thani signed on the MoU on behalf of FNCCI and Qatar Chamber of Commerce respectively.

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