Nepal and Australia agree to set a framework for trade and investment between the two countries

Nepal and Australia signed the Trade and Investment Framework Agreement during the Indian Ocean Conference (IOC) held in Perth. Australian Assistant Foreign Minister, Tim Watts spoke to SBS Nepali from the conference venue, highlighting the significance of this agreement for strengthening the bilateral relations between the two countries.

Minister for Foreign Affairs, Penny Wong (top right), and Assistant Minister for Foreign Affairs Tim Watts, Assistant Minister for Foreign Affairs meet with Nepali Foreign Minister (bottom right), Narayan Prakash Saud (top left), and Nepal's Ambassador to Australia Kailash Raj Pokhrel (bottom left) at the Indian Ocean Conference (IOC) in Perth on Friday 9 February 2024. Credit: Michael Godfrey