Nepal-Thailand trade, investment relations discussed

The fifth meeting of Nepal-Thailand Joint Commission held virtually today took stock of the overall state of bilateral relations and exchanged views on further promoting cooperation between the two countries.

The two sides discussed the challenges posed by the COVID-19 on the lives and livelihoods of people of both countries and agreed to work together in combating the pandemic. Foreign Secretary Bharat Raj Paudyal and Permanent Secretary for Foreign Affairs of Thailand Thani Thongphakdi led their respective delegations to the meeting, according to the Ministry of Foreign Affairs.

On the occasion, a wide range of issues pertaining to Nepal-Thailand relations including technical cooperation, trade and investment, tourism and culture, people-to-people contacts, and education were discussed.

While underscoring the need of enhancing economic engagements between the two countries, Foreign Secretary Paudyal also apprised the Thai delegation of the policy, legal, institutional and procedural reforms undertaken by the Government of Nepal with a view to creating an enabling environment for foreign investment in the country. During the meeting, He also thanked Thailand for providing Nepal with medical equipment and supplies to combat the ongoing COVID-19 pandemic.

The two sides also exchanged views on enhancing cooperation at the regional level including through BIMSTEC.

The Nepali delegation comprised of the Ambassador of Nepal to Thailand, senior officials of the Ministry of Foreign Affairs, Ministry of Finance, Ministry of Health, Ministry of Culture, Tourism and Civil Aviation, Ministry of Industry, Commerce and Supplies, Ministry of Agriculture and Livestock Development, and Ministry of Education, Science and Technology. The Thai delegation comprised of the Royal Thai Ambassador to Nepal, senior officials of the Ministry of Foreign Affairs and the officials of Thailand International Cooperation Agency (TICA).

The sixth meeting of the Joint Commission will take place on a mutually convenient date, adds the Ministry.