Initiative to Enhance Cooperation between Spanish Investors and Nepal’s Private Sector

The “Nepal–Spain Business Forum 2026” held in Madrid today emphasized the need to strengthen cooperation between Spanish investors and businesspersons and Nepal’s government and private sector.

Organized by the Embassy of Nepal in Madrid, the forum aimed to bridge the gap between Spanish investors and entrepreneurs and Nepal’s public and private sectors to promote trade and investment cooperation. The event brought together public officials and members of the business communities of both countries.

Speaking at the inaugural session, Chargé d’Affaires at the Embassy, Purak Adhikari, welcomed the participants and said the forum was organized to further strengthen Nepal–Spain commercial relations and promote collaboration in sectors with high potential. He also introduced Nepal’s industries as generational enterprises operating on ethically sourced materials and indigenous technologies.

Acting Executive Director of the Trade and Export Promotion Centre of Nepal, Navin Raj Sharma, presented statistics on Nepal–Spain textile trade and highlighted opportunities for Nepali textile products in the Spanish market. He also showcased a range of Nepali textile and garment products with strong potential among Spanish consumers.

President of the Federation of Export Entrepreneurs Nepal (FEEN), Govinda Ghimire, and FEEN Vice President Deva Nanda Sarawagi presented the history and composition of Nepal–Spain trade.

They highlighted the competitive advantages of Nepali textile and jewellery products made from premium natural fibres such as Chyangra wool, Himalayan sheep wool, hemp and nettle. They also noted the growing demand for Nepali handmade silver jewellery, prayer beads and traditional ornaments in niche international markets.

President of the Garment Association of Nepal, Pashupati Dev Pandey, said Nepal’s garment sector has witnessed notable growth in recent years due to legal and policy reforms. He stressed the importance of continued cooperation between the business communities of both countries.

Luis Rodriguez, Deputy Director of International Relations at the Chamber of Commerce of Spain, introduced the chamber’s activities and highlighted the dynamism of Spain’s jewellery and fashion industries.

He noted that Spanish consumers are increasingly receptive to unique international products and expressed confidence that stronger business-to-business partnerships would further enhance Nepal–Spain commercial relations.

According to the Embassy of Nepal in Madrid, the event concluded with a question-and-answer session and a networking session attended by representatives of Spanish textile and jewellery companies, investment agencies, government officials and members of the Spanish media. (RSS)