Nepal AOTS and ICOSA signed an agreement to empower SMEs in related countries

Nepal AOTS recently formalized a significant cooperation agreement with the International Cooperation Organization for Small and Medium Enterprises in Asia (ICOSA), Japan. This collaboration was formalized during a seminar jointly organized by Nepal AOTS and ICOSA.

Mr. Prashant Lal Shrestha, President of Nepal AOTS, and Prof. Dr. Krose Naohiro, President of ICOSA, were the signatories of the agreement. According to the terms of the agreement, both organizations aim to empower Asian Small & Medium Enterprises (SMEs) to play a leading role in the development of the Asian economy through mutual cooperation. To achieve this, we have agreed to establish a conducive learning environment for SME owners through regular meetings and mutual visits across Asia.

The agreement also outlines the commitment of both organizations to explore opportunities for business cooperation. Regular surveys and studies will be conducted to understand the challenges and policies affecting SMEs in each country. Recommendations for improvement will be proposed to relevant parties and governments.

During the signing ceremony, representatives from Nepal AOTS included Advisors Prof. Dinesh Prasad Chapagain, Ms. Amira Dali, Mr. Ramesh Man Singh, and Mr. Mahesh Nakarmi. Executive Committee Members present were Mr. Kishore Bhakta Matheme – First Vice President, Mr. Prajwol Shrestha - Second Vice President, Mr. Narayan Thapa - General Secretary, Mr. Shiv Bhushal Lal - Treasurer, Mr. Shiva Kumar Shrestha - Joint Secretary, Ms. Aju Giri - Internal Auditor, and members Ms. Shanta Baskota Koirala, Mr. Naveen Prakash Adhikari, Mr. Rajendra Chapagain.

Representatives from ICOSA present at the ceremony included Mr. Sato Masafumi - Secretary General, Ms. Kawanami Toshiko - Director, and team members Mr. Yamamoto Kuniyoshi, Mr. Saito Teruo, Prof. Wada Masatake, and Mr. Nomizu Toshio.

This collaboration signifies a commitment to fostering growth and development in the Asian business landscape, demonstrating the dedication of both organizations to supporting SMEs in the region.