September 24: Dabur Nepal Pvt Ltd has signed a Memorandum of Understanding with International Center for Integrated Mountain Development (ICIMOD) to contribute towards sustainable mountain development through responsible business practices.

The agreement was signed with an objective of meaningful collaboration on areas of mutual interests through a principle of partnership based on synergy, equity, mutual trust, and transparency, according to Dabur Nepal.

Dr David Molden, director general of ICIMOD, and HS Bedi, business head for SAARC of Daburm signed the MoU on behalf of their respective organizations at ICIMOD office, Dhapakhel, Lalitpur during a recent event.

According to Dabur Nepal, the partnership focuses on various components like partnership  and regional cooperation, livelihood component covers livelihood option by promotion of bee keeping and medicinal plants agroforestry model, research and innovation, joint activities and projects, capacity building and technology transfer, knowledge development and exchange of information and joint events.

Dabur Nepal said in a statement that it started association with ICIMOD in 2002 with a joint project in the field of medicinal and aromatic plants. Since then, various joint initiatives have been carried out. They have also promoted herbal gardening in various schools of Nepal to generate awareness on the importance of medicinal and aromatic plants. ICIMOD allotted space in its Knowledge Park in Godavari where Dabur has developed and maintained herbal garden since 2013, which has been visited by thousands of people from all over the world.