The Bhutan Chamber of Commerce and Industry (BCCI) and the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) signed a Memorandum of Understanding yesterday in Thimphu.
The President of the BCCI, Ugyen Tsechup Dorji and the President of the FNCCI, Surja Vaiday signed the MoU.
The MoU will pave way in promoting economic and commercial cooperation between Nepal and Bhutan and to further expansion of bilateral trade relations between the two countries.
It is also expected to help in setting up of industries under joint venture and joint collaboration within the framework of the laws and regulations prevalent in the two countries.