Kathmandu, July 21 -- In a significant step towards strengthening academic-industry collaboration and promoting Lumbini as a global centre for peace and tourism, the Nepal-India Chamber of Commerce & Industry (NICCI) and Lumbini Buddhist University (LBU) have signed a Memorandum of Understanding (MoU). NICCI President Sunil KC and LBU Vice Chancellor Prof. Subarna Lal Bajracharya signed the agreement on Sunday.

The MoU outlines a broad framework for cooperation, including promoting academia-industry partnerships, facilitation of internships and job placements, joint research and innovation, knowledge exchange, co-authored studies and publications, and collaborative efforts to position Lumbini as a global peace destination.

Speaking at t...