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The Union Minister of Finance Shri Arun Jaitley shared India s experience in reforming its economy and attracting foreign direct investment (FDI) at the Nepal Investment Summit 2017 held at Kathmandu on 2-3 March 2017

News and Press Release - Dated:- 3-3-2017 - India and Nepal have wide ranging engagement in trade and investment and Nepal is well poised to attract further FDI from India The Union Minister of Finance, Shri Arun Jaitley, shared India s experience in reforming its economy and attracting foreign direct investment (FDI) at the Nepal Investment Summit 2017 held at Kathmandu on 2-3 March, 2017. He stated that Indian and Nepal share deep-rooted historical, cultural and religious ties which have enabl .....

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or nearly 40% of total FDI in Nepal. The two countries have open border, grant national treatment to each other s citizens and millions of Nepali citizens live and work in India. Nepal has several important sectors such as hydropower, transmission lines, road and rail networks, health, education, tourism, irrigation etc in which it can attract Indian investments. India is ready to invest in the projects of Kathmandu-Nijgadh fast track road, second international airport at Nijgadh, Koshi High Dam .....

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tment to partner with Nepal in meeting its aspirations for socio-economic growth. Recalling the construction of several Integrated Check Posts, rail links, Hulaki roads, schools, health posts, etc with Indian assistance, Shri Arun Jaitley stated that India stands ready to make available more soft loans for new infrastructure projects which would enable Nepal grow at a fast pace. In order to address the issue of high trade deficit, Shri Arun Jaitley suggested that Nepal may expand its export bask .....

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