PHD Chamber of Commerce and Industry (PHDCCI) and Confederation of Nepalese Industries (CNI) have signed an MoU to establish India-Nepal Centre. It will further strengthen economic engagement between the two countries. The MoU was signed by Anil Khaitan, President of PHDCCI and Hari Bhakta Sharma, President of CNI in Kathmandu.
The MoU aims to promote Indian investment in Nepal, Work with Indian ventures in Nepal to resolve problems being faced by them, Promote industrialization in Nepal and provide training to Nepali entrepreneurs.
Source- DD News
Static/Current Takeaways Important for Indian Bank PO Exam 2018-
- Khadga Prasad Sharma Oli is the current Prime Minister of Nepal.
- Bidhya Devi Bhandari is the current President of Nepal and commander in chief of Nepalese Army.
- The Nepalese Rupee is the currency of Nepal.