India offers support for Napalese SEZs

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New Delhi, Sep 17 (UNI) India today offered its support to Nepal which is setting up four special economic zones (SEZs) in the Himalayan state.

"We are ready to support them, based on any viable requests from the Nepalese side," Commerce and Industry Minister Kamal Nath said.

On the possibility of export of paper and paper products from India to Nepal, he said India's Central Pulp&Paper Research Institute could extend its services on development of human resources and technical capacities in the area of pulp and paper technology to Nepal to facilitate trade.

During his meeting with Nepalese Minister for Commerce and Supplies Rajendra Mahato here last evening, he also offered India's full support in rapid economic development of Nepal, observing that manufacturing industry in the neighbouring country could boost faster growth in trade and industry.

Referring to warm social and economic relations between the two countries, Mr Kamal Nath said chambers of commerce in the two countries should identify trade issues which could be utilised by business communities of both the nations to their mututal benefits.

India and Nepal have Treaty of Trade since 1951, symbolising very special relationship between the neighbours, an official statement said today.

UNI SAA SR HS1431

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