अर्थ प्रणाली 
Kathmandu . Nepal Chamber of Commerce and the Spanish Chamber of Commerce have agreed to deepen bilateral economic cooperation by strengthening institutional ties, promoting trade and investment and facilitating business exchanges between the two countries.
The understanding was reached during a meeting held at the Nepal Chamber of Commerce, Chamber Bhawan, during the visit of Director General of the Spanish Chamber of Commerce, Ms. Inmaculada Riera i Rene.
Both sides expressed optimism that Nepal’s improving political stability and strategic location between India and China present favorable conditions for expanding business and investment. They agreed to work toward signing a Memorandum of Understanding (MoU) between the two chambers by the end of 2026 or early 2027 to institutionalize cooperation.
As part of the collaboration, the Spanish Chamber plans to organize a business delegation of around eight to nine Spanish companies to visit Nepal in February-March 2027. The visit is expected to include a business forum aimed at connecting Spanish and Nepali entrepreneurs and exploring new investment opportunities.
Discussions also focused on enhancing government-to-government engagement, including facilitating business visas, encouraging official visits, and exploring opportunities arising from ongoing European Union India trade negotiations that could benefit Nepal.
The meeting identified several priority sectors for cooperation, including renewable energy, hydropower, solar and wind energy, water management, smart cities, transportation, tourism, hospitality, agriculture and food processing.
Participants highlighted Nepal’s export potential in premium orthodox tea, organic coffee, large cardamom, medicinal and aromatic herbs, essential oils, pashmina, handmade carpets, handicrafts, handmade paper, silver jewellery, organic honey, and bamboo products. Spain, meanwhile, could contribute advanced technology and expertise in renewable energy, irrigation, agricultural machinery, medical equipment, water treatment and tourism management.
Both sides also emphasized promoting bilateral trade through participation in international trade fairs in Madrid, Barcelona and Kathmandu, as well as expanding digital trade and e-commerce links.
Spanish companies with experience in South Asia were cited as potential partners for Nepal’s development priorities, particularly in infrastructure, clean energy and sustainable investment.
Concluding the meeting, representatives from both chambers expressed confidence that stronger institutional cooperation, regular business exchanges and increased private-sector engagement would significantly boost Spain-Nepal trade and investment over the coming years.
