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The Government of the Republic of Serbia

In the service of citizens

Serbia wants to improve economic relations with Nepal

Belgrade/Kathmandu, 5 May 2018

First Deputy Prime Minister and Minister of Foreign Affairs Ivica Dacic, who is on an official visit to Nepal, visited the Nepal Chamber of Commerce in Kathmandu.

During the last night's talks with the members of the Nepal Chamber of Commerce, Dacic expressed satisfaction with the visit to Nepal, and stressed that relations between Serbia and Nepal are traditionally good, based on mutual understanding and trust.

He underlined that next year, Serbia and Nepal will mark the 60th anniversary of the establishment of bilateral relations, and expressed the hope that the businessmen of the two countries will take part in marking this significant anniversary and give impetus to the development of relations.

I am very pleased with the progress made in recent years in the economic cooperation between Serbia and Nepal, especially through the presence of Nepalese companies in Serbia. First of all, I refer to CG Corp, which operates within the Chaudhary Group from Kathmandu, and which opened in Ruma on 5 October 2017 its first European factory of noodles and other semi-prepared pasta dishes, Dacic said.

He stressed that Serbia is interested in improving economic relations with Nepal, both in increasing trade and in investment and participation in infrastructure and other projects in Nepal.

According to Dacic, the Serbian economy has strong agricultural potential and is interested in offering agricultural products and scientific and technical cooperation in the field of agriculture to Nepal.

Bearing in mind the distance between the markets and insufficient knowledge of the economic potentials of the two countries, he proposed more frequent meetings of Serbian and Nepalese businessmen, the organisation of promotional activities aimed at presenting the two economies and their possibilities for cooperation.

The Nepalese businessmen accepted the proposal to visit Serbia in September this year.

I assure you that you will have competent and good-intentioned interlocutors in the Government of the Republic of Serbia, that is, in the Serbian Chamber of Commerce and the relevant economic institutions, and of course in the Serbian embassy in New Delhi, which are at your disposal for all the information and advice you need in the assessment of your interests and opportunities for doing business in our country, Dacic concluded.