A seminar titled 'Investment Promotion in Nepal' is to be held in Seoul, the capital of South Korea, on May 15, 16 and 17 on the occasion of the 40th anniversary of the establishment of diplomatic ties between Nepal and South Korea.
Addressing a news conference at the Reporters Club Nepal here today, Nepalese Ambassador to the Republic of Korea, Kaman Singh Lama, said the seminar will be held coinciding on the day Nepal established its residential embassy in South Korea 40 years back.
He expressed the belief that this initiation would be of help in highlighting the available investment opportunities in the country.
Ambassador Lama said the seminar would especially focus on the development of the energy and water resources sectors of Nepal. "It is expected that the seminar would be very useful in exploring opportunities in the energy and water resources sectors," he added.
Twenty-one working papers on different topics including energy, trade, industry, agriculture, education, environment and technology prepared by experts concerned from Nepal and Korea would be discussed in the seminar.
According to Lama, Nepali delegation to the seminar will comprise some 100 people including representatives of the government, business community and various organisations. The Foreign Minister would be leading the Nepali delegation. Nepalis living in South Korea will also participate in the seminar.
Nepal and the Republioc of Korea established diplomatic relations at the consular level in 1969. South Korea opened its embassy in Kathmandu on May 15, 1974. Nepal established its embassy in Seoul in March 2007. RSS