Kathmandu, August 12
Minister for Foreign Affairs Pradeep Kumar Gyawali says non-resident Nepalis will be allowed to invest in Nepali capital market soon.
During a meeting with capital investors in Kathmandu on Saturday, Gyawali said the government was preparing to formulate laws and regulations so as to let members of the diaspora invest in the homeland.
A team of Nepal Capital Market Investors Association had gone to the Minister’s residence in Kathmandu demanding that he take initiatives to facilitate the investment of non-resident Nepalis in the capital market.
Responding to the delegation, the Minister said he was positive about the demand and assured to meet it soon, according to the Association’s President Radha Pokharel.
