Tag: Nepal-India trade

Minister urges Indian businesspersons to invest in Nepal

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 […]

Nepal becomes biggest buyer of Indian steel

Kathmandu, April 15 The Indian government has said that Nepal is now the biggest overseas market for Indian steel. Between April 1, 2018 and March 31, 2019,  13.2 per cent of the total steel exports from India was to Nepal, according to the Indian Ministry of Steel as reported in Indian media. Italy, which was […]

Nepal to lobby for ‘big’ investors’ involvement while revising commerce treaty with India

Kathmandu, August 8 Commerce officials of Nepal and India are beginning a bilateral meeting in New Delhi on Thursday in a bid to revise the existing Treaty of Trade and Commerce. Nepali officials say they will lobby for the involvement of large scale investors from the southern neighbour in Nepali industries during the meeting. Nepal’s […]

India pushes Nepal to discontinue additional customs duty on agricultural products

Kathmandu, April 27 India has piled pressure on Nepal to lift an additional customs duty of five per cent that Nepal imposes on import of agricultural products. Nepal, however, has refused to consider the request. In a bid to promote domestic productions, Nepal imposes five per cent additional customs duty on agricultural products to be […]

India positive about purchasing surplus power from all projects of Nepal

Kathmandu, April 19 India, which earlier had decided to purchase electricity produced from Nepali projects only if they had Indian investments, has hinted that it could rethink the decision and would be open to buy power form all projects here. Though Nepal imports electricity from India during the dry season, it hopes to produce surplus […]