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NCCCI Opened New Chapter At Tatopani To Boost Nepal-China Trade

Issue 52, December 23, 2012

By KTM Metro reporter

December 21, 2012: Nepal-China Chamber of Commerce & Industry (NCCCI) has set up its chapter at Tatopani in the Sindhupalchok district, the main trading gateway between the two countries. Chinese Ambassador to Nepal Yang Houlan today officially opened the new chapter of NCCI in Tatopani and described it as a "vibrant bridge" for boosting bilateral trade between the two countries, according to the state-run news agency Xinhua.

"The establishment of this chapter of NCCCI is another milestone for Nepal-China trade and I hope this chapter will act as a vibrant bridge for bilateral trade," ambassador Yang said at the opening ceremony, Nepal is an important neighbor for China; China will continue to support Nepal in every possible means, according to the Xinhua news posted on the Shaghaidaily.com today.

China has been providing Nepal with 95% duty free benefits of exporting Nepalese products to China; 7787 products are allowed to China free of custom duty, Chinese ambassador Houlan said.

The NCCCI is a non-profit NGO set up in 1999 to ease the interactions between Nepalese and Chinese business communities. The organization has already set up two chapters one in Pokhara, western Nepal and another in Biratnagar, eastern Nepal.

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