PM to request Indian Investors to increase investment in Nepal

February 18 : Prime Minister KP Sharma Oli has said that he would appeal Indian investors to increase investment in Nepal, as the political situation has improved.

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February 18 : Prime Minister KP Sharma Oli has said that he would appeal Indian investors to increase investment in Nepal, as the political situation has improved.

Meanwhile, a team of 24 members representing the business sector is to request prime ministers from both the countries to ensure improvement of relations between the two countries.

President of the Federation of Nepalese Chamber of Commerce and Industry, Pashupati Murarka, said that even though documents on joint investment were yet to be signed, the business fraternity was already hopeful about it. Murarka said that an improvement of bilateral relationship would be necessary for better trade ties. The business fraternity is preparing to request Prime Minister Oli to ask India to allow third country imports to be rerouted through Kolkata, via Jogbani, Bhairahawa and Krishna Nagar. They also said that new agreements should be reached taking into consideration the problems being faced at the Birganj-Raxaul border point.

Ramesh

I think it is good news but it's also depend upon nature of indian invester...