Nepal–Jordan private sector collaboration poised for trade and economic expansion
In a step toward strengthening bilateral economic relations, Jordan has announced it will soon host a Nepali business delegation to explore trade and investment opportunities.
This initiative was unveiled during a high-level ceremony held in Kathmandu to mark 60 years of diplomatic relations between Nepal and the Hashemite Kingdom of Jordan.
The non-resident Ambassador of the Hashemite Kingdom of Jordan to Nepal Yousef Mustafa Abdelghani, on the occasion, emphasized the importance of private sector leadership in deepening economic ties between the two countries. “Governments will create enabling policies, but the real actors are the private sector,” he stated. “Jordan offers vast opportunities in sectors such as tourism, manufacturing, and pharmaceuticals, and we are eager to welcome Nepali businesses.”
During his official visit, Ambassador Abdelghani presented his credentials to the President of Nepal, Ram Chandra Poudel, and formally inaugurated the Honorary Consulate of Jordan in Kathmandu, marking a new chapter in Jordan-Nepal diplomatic and commercial engagement.
The ambassador also acknowledged the contributions of the approximately 3,000 Nepali workers currently employed in Jordan, and reiterated Jordan's interest in strengthening the Labour Agreement signed in 2017, with an aim toward greater transparency and expanded opportunities for Nepali workers.
The ceremony’s Chief Guest Ramhari Khatiwada, Chair of the State Affairs and Good Governance Committee in Nepal’s House of Representatives, applauded Jordan’s proactive role in fostering peace in the Middle East and deepening trade relations with Nepal. “Jordan’s constructive approach in bridging the gap in trade and investment with Nepal is commendable,” he noted.
Honorary Consul of Jordan to Nepal Kunal Kayal highlighted the strategic potential of Nepal-Jordan collaboration. “Strategic engagement—guided by sector expertise and regional understanding—can unlock significant value in both markets,” he remarked, emphasizing opportunities in renewable energy, tourism infrastructure, and agriculture modernization.
Seventh meeting of BNPTT concludes
The seventh meeting of BIMSTEC Network of Policy Think Tanks(BNPTT) has concluded in Kathmandu. The meeting was held on 30-31 May 2025 with the participation of all BNPTT members.
The gathering focused on ‘tourism, culture,and people-to-people contact was organized by the Centre for Economic Development and Administration (CEDA) with support from the Ministry of Foreign Affairs.
The meeting discussed on potentialities of cooperation in tourism and culture & their roles in strengthening ties at people's level, as well as importances and ways to promote people-to-people connections for peace and prosperity of the BIMSTEC region, according to the organizer.
ABC Securities relocates office to Kamaladi
ABC Securities Pvt Ltd, a licensed stock broker (Broker No 17) authorized by the Nepal Stock Exchange (NEPSE) and the Securities Board of Nepal (SEBON), has relocated its office from Indrachowk to the first floor of City Express Complex in Kamaladi, Kathmandu. The new office came into operation on June 1.
The company aims to enhance service delivery and operational efficiency from the new location. The Kamaladi office features a private trading room, cafeteria, and a one-window service counter. Through the integrated service counter, clients can access depository, KYC, account, settlement, and trading services more conveniently. To mark the relocation, a formal inauguration event was held on June 1.
ADAN elects new leadership
The seventh National General Convention of the Auditors’ Association of Nepal (ADAN) was held from May 30 to June 1 under the leadership of outgoing President Kedar Nath Poudel. The event concluded with the endorsement of the organizational report presented by General Secretary Prem Bahadur Shrestha, the financial report presented by Treasurer Balram Chaudhary, and the adoption of 16-point special resolutions. A new 84-member central executive committee has been elected, with Badri Prasad Bhattarai as President.
An additional 11 members will be nominated by the central secretariat, as provisioned in the association’s statute, bringing the total to 95 members. Dol Prasad Dahal has been elected as the Senior Vice-president, while Jhalak Mani Lamsal takes the position of First Vice-president. Posh Raj Nepal and Bharat Kumar Shrestha were elected as the second and third Vice-presidents, respectively. Other elected Vice-presidents include Pradeep Kumar Yadav, Meera Shrestha, Ramesh KC, Prem Bahadur Shrestha, Rajendra Prasad Dhungana, Balram Chaudhary, Yogmaya Dhamala, Chandra Bahadur Subedi, and Basudev Joshi.
Tilak Bahadur Adhikari has been elected as the General Secretary. Approximately 650 delegates from across the country took part in the convention, which also passed 16 special resolutions. These include commitments to strengthening unity among auditors, addressing global and domestic challenges in the auditing profession, and working toward modern, respected, and timely accounting practices in line with international standards.