Kathmandu, September 8: Vice President Nanda Bahadur Pun has urged the investors from China to invest in Nepal reasoning that adequate return is guaranteed with favorable atmosphere.
Inaugurating the Nepal-China Economic and Trade Cooperation Forum organized jointly by the Nepal Embassy in Beijing, and China Commercial Stock Enterprises in Kathmandu yesterday, Vice President Pun, reiterated that Nepal had good laws to ensure business safety and adequate return for the investment.
He further suggested Tourism, hydropower, excavation of minerals, commercial processing of medicinal herbs, expansion of connectivity and transportation, manufacture of agricultural tools were the areas for investment in Nepal,
He expressed the belief that cooperation and collaboration with China would help achieve prosperity in Nepal.
On the occasion, Chairman of the ruling Nepal Communist Party, Pushpa Kamal Dahal ‘Prachanda’ said present government was committed to creating favourable atmosphere for foreign investment.
He reiterated Nepal’s One China Policy and stressed that Nepal would not allow its land to be used against China. He said Nepal had expected much assistance from China for the development of Nepal and Nepali people.
Likewise, Nepali Ambassador to China, Leelamani Poudyal, said relation between Nepal and China was intricate from viewpoints of culture, civilization, history and geography.
Similarly, Deputy Secretary General of China Commercial Stock Enterprises, Li Xuesong, made in-depth presentation on industrial institutions in Nepal.