Kathmandu, May 16
Finance Minister Yuba Raj Khatiwada has called on Indian businesspersons and industrialists to invest in Nepal without any doubt and hesitation.
Inaugurating the Nepal-India Franchise Investment Expo and Conclave in Kathmandu on Thursday, the Minister claimed the government had already prepared conducive environment for investment, made some policy reforms and arranged security provisions so that foreign investors could ensure high returns.
Khatiwada reiterated that the government needed foreign investment and technology in order to lead the country towards economic prosperity.
As the country was planning to celebrate the next year as the Visit Nepal Year with an objective of welcoming two million tourists, he highlighted that it would render an easy opportunity to extend service industries.
In another context, he said the government would soon introduce a new intellectual property right law.
The draft is already ready and the bill will be registered in Parliament within the current session, according to him.
