SAARC Chamber to work for better connectivity

Kathmandu March 15- SAARC Chamber of Commerce and Industry (SCCI) will prioritise better connectivity and establishment of SAARC industrial parks for better investment facilitation. Suraj Vaidya as a new president said the new committee will work for the implementation of the Motor Vehicle Agreement proposed in the 18th SAARC Summit held in Kathmandu in 2014.

“Connectivity is one of the key challenges of the region as free movement of people as well as goods is necessary for economic growth,” said Vaidya at an event on “Presidential Change of Office in SAARC Chamber” here on Monday. Vaidya officially took over the responsibility of the SAARC Chamber from past president Vikramjit Singh Sahney of India.

Established in 1992, the Saarc Chamber is the apex body of all National Federations of Chambers of Commerce and Industry in the region. Addressing the programme, Prime Minister KP Sharma Oli said the change of guard in the SCCI has significant importance as the SAARC foreign minister-level meeting is being held in Nepal on Thursday.