nepal trade facilitation

Nepal’s Mounting Trade Deficit Raises Economic Concerns
Business | Finance | Economy

Nepal’s Mounting Trade Deficit Raises Economic Concerns

Nepal’s trade deficit has reached an alarming level, with figures from the Department of Customs revealing a staggering Rs 1177 billion deficit as of the end of the month of Baisakh (mid-May) in the current financial year. This widening trade gap, fueled by a surge in imports and lackluster export performance, has raised concerns about […]

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Nepal’s Mounting Trade Deficit Raises Economic Concerns
Business | Finance | Economy

Nepal’s Mounting Trade Deficit Raises Economic Concerns

Nepal’s trade deficit has reached an alarming level, with figures from the Department of Customs revealing a staggering Rs 1177 billion deficit as of the end of the month of Baisakh (mid-May) in the current financial year. This widening trade gap, fueled by a surge in imports and lackluster export performance, has raised concerns about […]

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EU Pledges Support for Boosting Investment in Nepal
Business | Finance | Economy

EU Pledges Support for Boosting Investment in Nepal

The European Union (EU) has reaffirmed its commitment to supporting Nepal in attracting foreign investment, with a particular focus on bringing European companies to the Nepali market. During a reception held on Thursday to commemorate the 50th anniversary of diplomatic relations between Nepal and the EU, Ambassador Veronique Lorenzo highlighted the upcoming ‘EU-Nepal Trade Forum’ […]

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Hyundai Assembly Plant Inaugurated in Nepal
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Hyundai Assembly Plant Inaugurated in Nepal

Nepal’s Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has reaffirmed the government’s commitment to fostering an investment-friendly environment, driving economic transformation, and bolstering the country’s industrial sector. During the inauguration of the Hyundai Motor Assembling Plant of Laxmi Motor Corporation in Nawalparasi, PM Prachanda emphasized the pivotal role of the private sector in propelling Nepal’s journey […]

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Nepalgunj Integrated Check Post Begins Operations at Nepal-India Border
Business | Finance | Economy

Nepalgunj Integrated Check Post Begins Operations at Nepal-India Border

Nepalgunj Integrated Check Post Begins Operations at Nepal-India Border In a significant development for cross-border trade and regional connectivity, the Nepalgunj Integrated Check Post (ICP) constructed with the support of the Indian government at the Nepal-India border has commenced operations from Monday. The inauguration ceremony, graced by Minister for Industry, Commerce and Supplies Damodar Bhandari, […]

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Nepal Investment Summit 2024 Concludes – Cements Path for Boosting Investments
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Nepal Investment Summit 2024 Concludes – Cements Path for Boosting Investments

The third edition of the Nepal Investment Summit 2024 concluded on Monday, marking a significant milestone in the country’s efforts to attract domestic and foreign investments. The two-day event witnessed the signing of several crucial agreements and the laying of foundations for bringing in more investments into Nepal. According to Sushil Bhatta, Chief Executive Officer […]

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Indian Envoy Pledges More Indian Investment in Nepal
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Indian Envoy Pledges More Indian Investment in Nepal

In a significant move to bolster economic ties between India and Nepal, India’s Ambassador to Nepal, Naveen Srivastava, has assured that he will encourage more Indian companies to invest in the Nepali market. The ambassador made this commitment during his address at the opening session of the Third Nepal Investment Summit (NIS) held in Kathmandu […]

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