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The government and the private sector have made a commitment to continuously improve to attract foreign investment, including Chinese, in Nepal.
During Prime Minister KP Sharma Oli's visit to China, the Nepal-China Business Summit jointly organized by the Federation of Nepal Chamber of Commerce and Industry, China Council for Promotion of International Trade (CCPIT) and the Nepali Embassy in China, expressed a commitment to improve policy and practice, and urged for investment expansion and trade facilitation. yes
Prime Minister KP Sharma Oli, the chief guest at the program organized with the aim of promoting bilateral trade, developing the tourism sector and attracting Chinese investment in Nepal, said that the investment environment in Nepal is improving. Prime Minister Oli urged for investment as many areas in Nepal are still attractive for investment. Stating that Nepal and China have a traditional relationship, he said that economic development is possible due to the mutual relationship between the two countries.
Prime Minister Oli said that cooperation between the government and the private sector of any country has been prioritized and a professional environment has been created accordingly. He said that the private sector is the backbone of the economy and the government is always ready to protect domestic and foreign investments.
China is the country that invests the most in Nepal and although it is the second largest country in trade, the trade deficit between the two countries is a matter of concern, he said. He said that since Nepal's agricultural products have a market in China, efforts should be made to facilitate trade.
