Binayak Shah was elected the president of the European Economic Chamber of Trade, Commerce and Industry (EEC) Nepal. He has a long experience of working in the promotion of trade relations with Europe, and has held various positions in the chamber. He was the general secretary of EEC-N.

Established in 2005, the EEC Nepal has been actively working to enhance and facilitate Nepal-EU socio economic ties. Shah replaces former president Dibya Mani Rajbhandari. Shah, one of the early founders of Nepal German Chamber of Commerce, is known for his expertise in the trade sector.

A strong 69 member General Assembly elected Shah as a president following its founder president Rajbhandari decided to leave the position.

“EU being our one of the largest trading block is in a unique position to help promote in mutual beneficial manner in various economic sectors such as energy, tourism and other industrial activities in Nepal,” said Shah. “It is true that the EU has invested a lot in development activities of Nepal, now, it is pertinent that efforts are to be made for the development of people centric and social oriented economic activities.”