Appraising the newly appointed British envoy on Nepal’s development agendas, state of country’s economy, improved tax and revenue administration and the country’s trade status with the international market, finance minister Dr Yuba Raj Khatiwada today urged the United Kingdom to invest in Nepal.
During a meeting with the newly-appointed ambassador of UK to Nepal Nicola Pollitt today at the ministry, he also sought UK investment in Nepal in hydropower, tourism and road projects. “Nepal could be a good place for the UK government and British investors to invest as Nepal has seen improvement in business environment,” he said, adding that the UK is a good market for Nepali products. “Nepal intends to expand trade relationship with the country.”
The two countries will soon ink a pact on double taxation avoidance on goods,” he said, adding that the government will facilitate trade and investment to and from the UK.
He also mentioned that tourism, hydropower and roads sectors in Nepal had high investment potential and urged the British government to help Nepal enhance its trade sector. Khatiwada also urged the UK government to help Nepal promote tourism and increase the inflow of tourists from the UK to Nepal.
Pollitt, on the occasion, said that her priority during her tenure will be to further enhance bilateral and trade relationship between Nepal and the UK.
Claiming that Nepal has achieved political stability, she said promised to extend support to Nepal in the coming days based on Nepal’s priority and development goals.
During a meeting with the newly-appointed ambassador of UK to Nepal Nicola Pollitt today at the ministry, he also sought UK investment in Nepal in hydropower, tourism and road projects. “Nepal could be a good place for the UK government and British investors to invest as Nepal has seen improvement in business environment,” he said, adding that the UK is a good market for Nepali products. “Nepal intends to expand trade relationship with the country.”
The two countries will soon ink a pact on double taxation avoidance on goods,” he said, adding that the government will facilitate trade and investment to and from the UK.
He also mentioned that tourism, hydropower and roads sectors in Nepal had high investment potential and urged the British government to help Nepal enhance its trade sector. Khatiwada also urged the UK government to help Nepal promote tourism and increase the inflow of tourists from the UK to Nepal.
Pollitt, on the occasion, said that her priority during her tenure will be to further enhance bilateral and trade relationship between Nepal and the UK.
Claiming that Nepal has achieved political stability, she said promised to extend support to Nepal in the coming days based on Nepal’s priority and development goals.
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