• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi , June 8

Nepal has invited the Indian business community to explore investment opportunities in the areas of hydro electricity, tourism and labour intensive manufacturing, among others.

While speaking at a meeting organised by the Confederation of Indian Industries, the Finance Minister of Nepal, Dr Ram Sharan Mahat, said that peace has returned to his country and Nepal now offers a safe and violence-free business environment to the trade community. "The prospect for better economic growth has become brighter. We are aware that the success in achieving a lasting peace will depend on accelerated economic development that will effectively reach all areas of the country," he added.

The Minister said that Nepal's attention is now focussed on increased investment. The process of economic reforms and the environment for foreign direct investment will be made more conducive, he said.

The President of the Federation of Nepalese Chambers of Commerce and Industry, Mr Chandi R. Dhakal, sought withdrawal of 4 per cent customs duty imposed on Nepalese products.

More Stories on : Foreign Trade

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Dalmiya interim bail plea

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line