The ambassador of Nepal in Egypt chooses Nevine Kashmiry, Deputy Managing Director of The United Bank as the Goodwill Ambassador within the Egyptian diplomatic mission to Nepal 2020

25/02/2020



The ambassador of Nepal in Egypt chooses Nevine Kashmiry, Deputy Managing Director of The United Bank as the Goodwill Ambassador within the Egyptian diplomatic mission to Nepal 2020

Nevine Kashmiry: Deputy Managing Director of The United Bank
•    12.8 volume of trade exchange between Egypt and Nepal
•    Common cultural denominators that bring together the Egyptian people and the Nepalese people
•    The Egyptian delegation will work to open new horizons for trade, cultural and tourism exchange between the two countries.
•    Benefiting from regional free trade agreements to maximize the volume of trade exchange between the two countries.

Cairo: February 25, 2020

The ambassador of Nepal in Egypt Jhabindra Prasad Aryal awarded Nevine Kashmiry - Deputy Managing Director of The United Bank as the ambassador of Goodwill within the Egyptian diplomatic mission 2020. In its second session of the 25th Summit organized by a diplomatic magazine - the first specialized magazine in the diplomatic corps.

Nevine Kashmiry was chosen among five people who were awarded the title of Goodwill Ambassador for the Egyptian diplomatic mission 2020: Engineer / Hussein Sabour - President of Al-Ahly Real Estate Development Company and Dr. / Manal Hussein Abdel Razek - Chairman of the Board of Directors of Orascom Development and Farid Al-Tobji - Chairman of the Board of Directors of the Bavarian Automotive Group Taghreed Hussain, head of the Nile News Channel, and Nevine Kashmiry, deputy managing director, The United Bank.

This honor comes as part of the Nepalese plan to promote tourism, culture and trade between the Egyptian people, the Nepalese people and othes.


Common economic denominators between Egyptian people and the Nepalese people

Commenting on the event, the ambassador Nevine Kashmiry said that she is happy with this choice, especially as it opens new horizons for joint cooperation and contributes to increasing the volume of trade exchange between the Nepalese people and the Egyptian people. In addition to extending and strengthening relations between the two countries, especially in the commercial, cultural and tourism fields.

Nevine Kashmiry added that there are common denominators between the Egyptian people and the Nepalese people, especially in the cultural and tourism fields. Where tourism is one of the pillars of the economy, whether in Egypt or in the state of Nepal and that played a big role in the cultural formation of the two peoples.

Volume of trade exchange

The ambassador Nevine Kashmiry expressed that the volume of trade exchange between the two countries amounted to 12.8 million dollars in the past 2019. It is represented in several projects for the private sector, specifically in the fields of manufacturing, agriculture, tourism, electricity, telecommunications, infrastructure and renewable energy.

Kashmiry added that there are great opportunities to maximize the volume of commercial activity between the two countries in the field of infrastructure, transportation, and logistic services, especially as we are located on the same new Silk Road.

Nevin Kashmiry added that the Egyptian diplomatic mission 2020 will work to connect the business community on the Egyptian and Nepalese sides by organizing more visits and investments. As well as taking advantage of the financing available from development funds and banks, whether Arab, European, African or Chinese.

It is worth noting that the population of the state of Nepal is 29.3 million in 2017, while Egyptian exports to the country of Nepal represent $ 11.79 million represented in sugar, whether extracted from sugar cane or beets. As well as cosmetics, food coloring and aromatherapy.