KATHMANDU: Nepal and France have signed a Memorandum of Understanding (MoU) to establish the Bilateral Consultation Mechanism at the foreign ministry level here Friday.
The first meeting of the Bilateral Consultation Mechanism was held where the MoU to this effect was signed.
The Mechanism is aimed at reviewing the bilateral relations and sharing views on regional and international issues of common interests between Nepal and France on a regular basis, according to a press statement released by the Ministry of Foreign Affairs (MoFA).
Joint Secretary of the MoFA Nirmal Raj Kafle and French Ambassador to Nepal Francois Xavier Leger signed the MoU on the behalf of their respective governments.
The MoU signing ceremony was held in witness of Minister of Foreign Affairs Pradeep Kumar Gyawali and Thieny Mathou, Director for Asia and Oceania of the Ministry of Europe and Foreign Affairs of France.
Similarly, Foreign Secretary Shanker Das Bairagi led the Nepali delegation to the first meeting of Bilateral Consultation Mechanism while Mathou led the French delegation to the meeting that took stock of all aspects of bilateral relations between Nepal and France.
Furthermore, the both sides exchanged their respective views of further promoting cooperation between the two countries, the press statement reads.
The meeting also saw exchange of views between the Nepali and French side on the importance of continuing the exchange of high level visits, especially in the context of the successful visit of Prime Minister KP Sharma Oli to France in June this year.
Moreover, the two sides discussed the various ways and means of enhancing economic partnership, including in the areas of trade, tourism and investment, and promoting people-to-people contacts.
During the meeting, the Nepali side had requested the French side to encourage its private sector to explore opportunities in the Nepali market given the political stability, policy and institutional reforms and business-friendly environment enabled in the country. The Nepali side also sought the French side’s support in promotion of Visit Nepal Year 2020.
In reciprocation, the French side, according to the press statement, agreed to provide cooperation towards making the Visit Nepal 2020 a success.
The French Side also reaffirmed its commitment to consider its meaningful participation in the ‘Sagarmatha Sambad’ (Sagarmatha Dialogue) to be held in March next year in Nepal.
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