RoK ambassador calls on Finance Minister Khanal

Kathmandu, Nov 3: South Korea's ambassador to Nepal, Park Tae-Young, today paid a courtesy call on Finance Minister Rameshore Prasad Khanal.

During the meeting at the Finance Ministry, the two discussed Nepal-Korea diplomatic ties. The Finance Minister expressed gratitude to South Korea, officially the Republic of Korea, for its continued support to Nepal.

Highlighting the satisfactory progress of Korea-funded projects and programmes in Nepal, the Finance Minister stated that economic partnership with South Korea will continue.

Recalling the completion of 30 years of bilateral relations between KOICA and the Government of Nepal, the ambassador expressed hope for further collaboration in the days to come. He pledged to encourage the South Korean investor community to invest in Nepal and to facilitate the promotion of Nepali products.

Additionally, he informed the Minister that the Government of Korea will establish a dedicated visa center in Nepal to facilitate visas for Nepali workers traveling to Korea.

He also added that a process is underway to provide concessional loans, through KOICA support, for returnees from Korea who had worked there under the EPS, to help them start their own businesses. The ambassador urged the government for the necessary facilitation to support this initiative, according to the Finance Ministry Secretariat. (RSS)