Put amendment of laws in priority to make Investment Summit a success
Nepal, April 21 -- Despite the private sector's recommendations to amend about two dozen laws to promote both foreign and domestic investment in the country, the government has yet to make any changes. With only a week left before the Nepal Investment Summit-2024 begins, where the government aims to attract foreign investment, the private sector is concerned about the absence of legal reforms. The government announced the third Nepal Investment Summit-2024 on April 28 and 29, citing insufficient domestic capital for the country's development and prosperity. Although the Investment Board Nepal is preparing to showcase projects worth billions of rupees during the summit, stakeholders are worried due to the lack of a legal framework to insti...
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