Yes! To stimulate job creation and increase the income of farmers through an effective transformation of the agricultural markets in Nepal the Government of Switzerland and the Government of Nepal have signed an agreement of US$10.7 million.
According to the agreement signed on November 29 between the two governments, Switzerland will contribute to the Nepal Agricultural Market Development Program (NAMDP) Phase II, a four-year program to be implemented in Province Number 1 in Nepal from December 2020 to November 2024.
As a continuation of the first phase of the same program which ended on November 30, NAMDP Phase II will be executed by the Ministry of Land Reform, Agriculture and Cooperatives of Province Number 1 in Nepal under a conditional grant. Shree Krishna Nepal, Joint Secretary at the Ministry of Finance of Nepal, and Elisabeth von Capeller, Ambassador, Embassy of Switzerland in Nepal, on behalf of their respective governments, signed and exchanged the agreement to implement NAMDP Phase II.
Stating that the project will strengthen the capacity of smallholder farmers to deliver innovative products and services, the Joint Secretary thanked the Swiss Government for their continuing support in the difficult times brought about by the pandemic and vowed to implement the project effectively. Similarly, Ambassador Capeller expressed the willingness of the Swiss Government to extend support to this priority sector of the Government of Nepal.
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