AGREEMENT WITH SNS TRADING CO., LTD
This Chamber of Commerce is going ahead with necessary programs to promote business relation between Nepal & Korean business organizations.
19th June 2007, Busan Korea
We realized the fact that we need an agent in Korea to establish proper and long term business relation between Nepal and Korea.
On the suggestion of Mr. Kwang Jun Kim, overseas business department of Kimhae CCI, we made an agreement. It states that SNS Trading Company will help in all the business activities of members of NBCCI. In return of this help all the members have to provide service charge to SNS Trading Co. Ltd. This meeting was held in the presence of the entire representative from Kimhae CCI
The agreement was signed by Mr. M.K. Shrestha President of NBCCI and Mr. Kwang Jun Kim from KIMHAE CCI and Mr. G. C. Choi from SNS Trading Co. Ltd.
We firmly believe that this kind of agreement will help in future promotion of trade between Nepal and Korea.
MEETING WITH SEOUL COMPANY'S REPRESENTATIVE
17TH JUNE 2007, Seoul
the round table meeting was held among Mr. Yang Chang Woo, sales department manager Mr. Kim soon Ho, administrative manager of WANG AUTO CO and Mr. M.K. Shrestha President of NBCCI ,Mr. Anil Kumar Shrestha ,Secretary of NBCCI and member company representative Mr. Padam Bahadur Thapa .
Vehicles manufactured in Korea have taken considerable market in Nepal. That's why in this meeting the main agenda was regarding the consumption of Korean Auto Parts in Nepal. With the help of Korean representative in Busan, we are able to promote our business deal in a considerable degree over there, but due to the lack of representative in Seoul we are unable to extend our business relation. That's why we requested representative of this company to manage the product which will be exported to Seoul, Korea from Nepal.
Both of the representatives showed positive response and promised us to do market study of Nepalese Products. The discussion of exportable products occasion President of NBCCI gifted Nepali National Hat to Korean representative.
Mr. M.K. Shrestha also informed about the advice of Honorable Mrs. Yang Gae-Hwa Deputy Chief of Mission of Embassy of Republic of Korea located in Nepal regarding the importance of business promotion in Seoul and necessity to meet with different business organization & reputed companies, Mr. Shrestha gave heart felt appreciation of behalf of Nepal's delegation team for the meeting with young and active representative of reputed Korean company.
MEETING WITH HONORABLE DEPUTY DHIEF OF MISSION IN EMBASSY OF KOREA IN NEPAL
7th may 2007
The meeting among M. K. Shrestha President, Mr. Anil Kumar Shrestha secretary and Mrs. Laxmi Devi Shrestha executive member of Nepal Benelux chamber of Commerce and industry and Honorable Mrs. Yong Gae Hwa, Deputy Chief of mission of Embassy of the republic of Korea in Nepal was held. The discussion regarding the process to promote business relation between Nepal and Korea was done in this meeting .On this occasion Honorable Mrs. Yang Gae Hwa informed us about the reputed companies like KORTA and KITA and also urged us to contact these companies. She suggested us that for the promotion and consumption of Nepal products in Korea we should participate in various exhibitions of Korea .She advised us that we should open Nepal pavilion in the well known exhibitions of Korea.
She also suggested the new ways to improvise the Korean show room located in Gausala of Nepa- Korean Trading Agency CO. LTD. the member of NBCCI. On this show room various sample products and catalogues of Korean multinational companies will be exhibited. the main aim of this showroom would be to provide all the information of Korean product and companies to the interested companies of Nepal .not only that but also this company will charge the minimum service fee to both the Korean and Nepalese companies for its help .necessary agreements and meetings has been already done with various Korean companies. We firmly believe that with help Korean products Showroom there would be significant business promotion between Nepal and Korea.
On the same day the meeting with Honorable Counselor Mr. Chin Hyun Yong was also held regarding the help of Korean Embassy on the business promotion between Nepal and Korea. He considered this matter seriously and promised us to provide further help in this matter. We believe that with the help of Honorable Counselor Mr. Chin Hyun Yong we can take the business relation between Nepal and Korea in one step further.
MEETING IN KIMHAE CHAMBER OF COMMERCE AND INDUSTRY, REGARDING SOLAR -ELECTRICITY PROJECT IN NEPAL
8TH JUNE 2007
The meeting was held between Mr. M.K. Shrestha President of NBCCI and Mr. Kwang Jun Kim Manager of Overseas business department of Kimhae Chamber of Commerce and Industry, regarding international business relation.
The discussion was regarding following matters:-
- Selection of Korean Products produced by members of Kimhae Chamber of commerce that can be consumed in Nepalese market
- To appoint an agent in Korea for the long term contact and trade promotion.
After discussion of all these matters we reached into conclusion that we will give all responsibility to SNS Trading Co, regarding export of Nepal item to Busan.
The next subject of discussion was solar project; the solar project was to produce high volume electricity. Since this project was to produce high watt electricity, consultation and meeting with ministry of electricity is advised by Kimhae CCI.
This project is worth US $ 300 millions dollar. The Korean company is ready to invest this project at present, but government of Nepal has to pay the cost in installments later.
Though Nepal is second richest country in Hydroelectricity, due to many reasons we were not able to produce enough electricity, even for the capital of country Kathmandu. As a result there is often load shedding in Kathmandu .in this situation solar electricity project is the best alternatives for Nepal.
Regarding this matter Mr. M.K. Shrestha President of NBCCI promised to take this project in a higher level at a government level.
MEETING WITH CUCKOO CONPANY LIMITED
19TH JUNE 2007
Cuckoo company Ltd. is one of the largest reputed company in South Korea, this company produce items and exports all over the world, along with Europe and USA .there are no distributors for Nepal and India, so NBCCI member companies are interested to import this items for Nepal and India. Samples of their products is digital rice cooker, it is available in Korean shop in Nepa -Korea Trading Agency showroom in Gausla Kathmandu.
NBCCI small delegation team visited this company. M.K. Shrestha President of NBCCI , Mr. Anil Kumar Shrestha Secretary of NBCCI and Mr. Padma Bahadur Thapa member company representative were present in the meeting .the meeting discussion was about terms & conditions ,quality and price negotiation.
VISIT IN D.C.K.KOREACOMPANY
7TH JUNE 2007
The meeting between Mr. Sang Hwan Lee managing director of DCK Korea and Mr. M.K. Shrestha President of NBCCI was held regarding the terms and condition of business relation. The sample pieces of this company which can produce 7000 piece day were found satisfactory.
On this occasion Mr. M.K. lee of export department of this company and Mr. G.C. Choi of SNS trading were also present. Mr. M.K. Shrestha also informed about the popularity of Korean blankets in Nepal.
MEETING WITH PRO-SPECS COMPANY
6th June 2007
The meeting with Pro-Space Company which produces fashionable items was held, on this meeting Mr. M.K. Shrestha, President of NBCCI discussed about the consumption of these products in Nepalese market. The meeting was held between president of this chamber and Mr. Y.W. Jung and Mr. Kwang Jun Kim Manager of Overseas Dept. Kimhae CCI with Mr. G.C. Choi President of SNS Company. In this meeting we seriously discussed about terms and conditions for export of these items in Nepal. The sample pieces of pro-Space products were collected for market study in Nepal.
MEETING IN EMBASSY OF NEPAL IN KOREA
11TH June 2007
The meeting was held between Mr. M.K.Shrestha President of NBCCI and Mr. Yadav Khanal Honorable charge d' affairs of Nepalese Embassy located in Seoul, Korea regarding the business promotion between Nepal and Korea.
He informed us that Koreans are very interested in mountaineering and trekking .he expressed his regret that Nepal is rich in both of these areas; we have not taken advantages of this factor.
He gave much importance regarding the dissemination of information about Mountain in world located in Nepal. He also emphasized about the Tourism relationship between Nepal and Korea.
We were highly impressed by the various photographs of Himalayas of Nepal in his way of advertising Himalayas of Nepalese Mountains.
Active role of the diplomat is necessary for development of the international business relation and business promotion between two countries.
FACTORY VISIT & MEETINT IN SUN UP COMPANY
7th june 2007
Mr. M.K.Shrestha, president of NBCCI visited Sun Up Company. He discussed about the importable shoes manufactured in this company. He concludes that these products can be consumed in Nepalese market because of high quality and reasonable price. He promised that NBCCI will provide necessary help to import these products to Nepal. On this occasion Mr. Kwan Jun Kim, overseas Business Dept. Manager of KIMCHAE CCI and president of SNS Trading were also present.
18th June 2007
Mr. Anil Kumar Shrestha, Secretary of NBCCI and managing director of Anusa Business House and Mr. Padma Bahadur Thapa, director of Jugjali International Pvt. Ltd. who were on business trip to Korea visited Sun Up company. On this meeting they agreed on consumption of this product in market of Nepal.
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