DOCSLIB.ORG

Nepal: Market Study Identifying Foreign Direct Investment Opportunities in Nepal

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Nepal: Market Study Identifying Foreign Direct Investment Opportunities in Nepal Nepal: Market Study Identifying Foreign Direct Investment Opportunities in Nepal Commissioned by the Netherlands Enterprise Agency Nepal: Market Study Identifying Foreign Direct Investment Opportunities in Nepal 1 DISCLAIMER The information i ncluded in this report is for information purposes only and may not reflect the most current legal developments, adjustments, or settlements. This information is not offered as legal or any other advice on any particular matter. The contributing authors expressly disclaim all liability to any person in respect of anything, and in respect of the consequences of anything, done or omitted to be done wholly or partly in reliance upon the whole or any part of the contents. No reader should act or refrain from acting on the basis of any mat ter contained in this report without first seeking the appropriate legal or other professional advice on the particular facts and circumstances. Acknowledgments This report has been commissioned by Rijksdienst voor Ondernemend Nederland and has been prepared with the generous and kind support of the following individuals and organisations: Pepijn Tr apman, Consul for The Netherlands in Nepal Kari Cuelenaere, Consular Officer for The Netherlands in Nepal Khagendra Bahadur Basnet, Director, Department of Industry Mim Himal, Trade Officer, European External Action Service Strahan Spencer, Senior Economic Advisor, DFID Nepal Rabi Rayamajhi, Economic Advisor, DFID Nepal Ram Khadka, Economic Advisor, DFID Nepal Sagun Shrestha, Business Development Manager, British Council Manbar Singh Khadka, Economics Officer, ADB Anjan Panday, Economics Officer, ADB Ratish Basnyat, Senior Manager, Office of the Investment Board Pragya Adhikari, Project Manager, Office of the Investment Board Suvechha Nepal, Officer, Office of the Investment Board Willem Grimminck, Director, One to Watch Douglas MacLagan, Consultant, Vocational Education & Hospitality Mohan Giri, Director, Inspire Nepal Toby Muller, Consultant, Construction Sector Richard Bonokoski, Consultant, Vocational Education Policy Avash Pandit, Attorney at Law Associate, Gandhi and Associates Publication Date: 1 May 2018 2 Acronyms ADB Asian Development Bank ICT Information and Communication Technology ADR Alternate Dispute Resolution ILO International Labour Organisation ADS Agricultural Development Strategy IPR Intellectual Property Rights BBA Bachelors of Business Administration IT Information Technology BFI Bank and Financial Institutions JV Joint Venture BPO Business Process Outsourcing LDC Least Developed Country BRI Belt and Road Initiative LoI Letter of Intent CAC Capital Account Convertibility MAP Medicinal and Aromatic Plants CBS Central Bureau of Statistics MBA Master of Business Administration CEO Chief Executive Officer MFN Most Favoured Nation CIA Central Intelligence Agency MIGA Multilateral Investment Guarantee Arrangement CPN Communist Party of Nepal MoF Ministry of Finance CRO Company Register Office MoU Memorandum of Understanding CSR Corporate Social Responsibility NITS Nepal Trade Integation Strategy CTEVT Council for Technical and Vocational Training NRB Nepal Rastra Bank DANIDA Danish International Development Agency NTFP Non-Timber Forest Products Department for International Development DFID (UK) PDA Project Development Agreement DoI Department of Industry PPP Public Private Partnership EBA Everything But Arms REE Research, Education, Extension FDI Foreign Direct Investment RPP Rastriya Prajatantra Party FI Foreign Investment RVO Rijksdienst voor Ondernemend Nederland FITTA Foreign Investment and Technology Transfer Act SAFTA South Asian Free Trade Agreement FMCG Fast Moving Consumer Goods SEZ Special Economic Zone FY Financial Year SME Small and Medium Enterprise GCC Gulf Cooperation Countries TSLC Technical School Leaving Certificate GDP Gross Domestic Product UGC University Grant Commission GIZ German Development Agency UML United Marxists Lenonist GoN Government of Nepal USAID United States Aid GSP Generalised System of Preference WIPO World Intellectual Property Organisation HEP Hydro Electric Project WTO World Trade Organisation IBN Investment Board Nepal 3 EXECUTIVE SUMMARY The Netherlands Embassy in Delhi and RVO are interested to know more about the opportunities that could contribute to the development of the private sector in Nepal in relation to Dutch expertise. Due to the limited Dutch official presence in the country too little is known about the challenges and opportunities in Nepal. Especially after the earthquake in April 2015 the country faces a lot of challenges and it is expected that Dutch expertise can be of added value. Due to political instability, aggravated by the earthquake of 2015, there is a weak enabling environment for businesses, although that environment is positively changing. The challenge of this report is to indicate sectors where: • Nepali entrepreneurs are active and can be strengthened without relying on a weak government • W here Dutch expertise can make a difference to skills and industry development • Where o pportunities exist for Dutch businesses to invest in Nepal. The world’s two largest populations with vibrant economies share opening trade borders with Nepal. Increasing ease of trade, open border policies and infrastructure development all indicate a very strong growth potential , both within and through Nepal. When viewed historically, acting as an arbitrage agent between India and China has always been Nepal’s key economic strength, this is an environment in which Dutch companies are used to operating. Potential investment opportunities and market interventions exist in a broad range of sectors. Throughout all of them there are three constant factors: 1. The impact of political instability 2. Potential bureaucratic delays 3. Developing an adequately skilled workforce Negating and offsetting these factors requires an intimate understanding of the operating environment and appropriate commercial adeptness. Although Nepal is becoming an easier place in which to do business, it is by no means simple. This report represents an overview of potential opportunities and thorough examination of market entry and expansion strategies is recommended before taking further steps. 4 Sector Summary Overall Risk & Barriers to Entry* Low Medium High Agriculture Banking, Finance & Insurance • Honey • Microfinance • Insurance Education Agriculture • Research Centres Energy Low • Fertiliser & Seeds • Hydropower • Cardamom Health • Transmission System • Pharmaceutical Industry Transportation • Ayurvedic Centres & • Roads Medications ** Agriculture: • Ginger Construction Agriculture • Coffee • Building Materials • Vegetables • Floriculture Construction ICT Attractiveness • Construction and • Communication Medium Manufacturing Engineering Centres services • FMCGs • Hospitality • Garments & Transportation Textiles Health • Airports Opportunity • Health Care Facilities & • Rail Equipment Market Agriculture • Infrastructure, Agriculture: Machinery, Tools & • NTFP & MAPs Technology • Tea Education Health • Vocational • Aged Care High Education • Health Education ICT Services • IT services Tourism Tourism • Event Management • Tourism Infrastructure and Infrastructure * Note: This document does not disclose all risks and barriers to entry that could affect sectors and investment strategies. It is highly recommended that potential investors complete a comprehensive feasibility and risk disclosure study before investing in Nepal. ** Note: This document does not disclose all market opportunities and it is recommended that potential investors should thoroughly research market depth, scope and profitability before investing in Nepal. 5 Agriculture • There are extensive market opportunities in agric ulture production: processing, packaging and branding in non -timber forest products, cardamom, ginger, aquaculture, vegetables, floriculture, tea, coffee, honey and high value products for the tourism and hospitality industry and export. • There are good opportunities in input markets such as for seeds, nurseries, fertilisers, agricultural infrastructure and technology, and agriculture financing. • Nepal also offers potential in export-enabling infrastructure including transportation, storage (dry and cold) an d laboratory testing facilities, including phyto-sanitary testing. Banking, Finance and Insurance Opportunities in this sector are limited but show enormous potential: • There are excellent growth opportunities in micro -finance – helping finance entrepreneurs across the country and building trust in financial systems (see also agriculture finance) • Insurance also offers extraordinary growth potential – catastrophic risk insurance, home and contents and general business insurance Construction The scale of needs in the construction and housing sector mean that Public-Private partnerships are an ideal investment vehicle. • Building materials – clay bricks and cement • Building and engineering schools and education centres • Hospitality – heritage building renovation to hotels and business centres Education • Vocational education - Hospitality and tourism, construction and engineering, agriculture, IT, banking and finance, management consulting (general business management, quality assurance and governance) • Health education Services - nursing and aged health care, health management and administration staff • Opportunities exist in developing education infrastructure, including upgrading and building educational institutions and even education cities (medical, IT, engineering,
Load more

Recommended publications
  • World Bank Document
    Public Disclosure Authorized Government of Nepal Ministry of Physical Infrastructure and Transport Department of Roads Development Cooperation Implementation Division (DCID) Jwagal, Lalitpur Strategic Road Connectivity and Trade Improvement Project (SRCTIP) Public Disclosure Authorized Improvement of Naghdhunga-Naubise-Mugling (NNM) Road Environmental and Social Impact Assessment (ESIA) Public Disclosure Authorized Prepared by Environment & Resource Management Consultant (P) Ltd. Public Disclosure Authorized JV with Group of Engineer’s Consortium (P) Ltd., and Udaya Consultancy (P) Ltd.Kathmandu April 2020 EXECUTIVE SUMMARY Introduction The Government of Nepal (GoN) has requested the World Bank (WB) to support the improvements of existing roads that are of vital importance to the country’s economy and regional connectivity through the proposed Strategic Road Connectivity and Trade Improvement Project (SRCTIP). The project has four components: (1) Trade Facilitation; (2) Regional Road Connectivity; (3) Institutional Strengthening; and (4) Contingency Emergency Response. Under the second component, this project will carry out the following activities: (a) Improvement of the existing 2-lane Nagdhunga-Naubise-Mugling (NNM) Road; (94.7 km on the pivotal north-south trade corridor connecting Kathmandu and Birgunj) to a 2-lane with 1 m paved shoulders, and (b) Upgrading of the Kamala-Dhalkebar-Pathlaiya (KDP) Road of the Mahendra Highway (East West Highway) from 2-lane to 4-lane. An Environmental and Social Impact Assessment (ESIA) was undertaken during the detailed design phase of the NNM Road to assess the environmental and social risks and impacts of the NNM Road before execution of the project in accordance with the Government of Nepal’s (GoN) requirements and the World Bank’s Environmental and Social Framework (ESF).
    [Show full text]
  • National Services Policy Review: Nepal
    UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT NATIONAL SERVICES POLICY REVIEW NEPAL New York and Geneva, 2011 ii NATIONAL SERVICES POLICY REVIEW OF NEPAL NOTE The symbols of United Nations documents are composed of capital letters combined with figures. Mention of such a symbol indicates a reference to a United Nations document. The views expressed in this volume are those of the authors and do not necessarily reflect the views of the United Nations Secretariat. The designations employed and the presentation of the material do not imply the expression of any opinion whatsoever on the part of the United Nations Secretariat concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries, or regarding its economic system or degree of development. Material in this publication may be freely quoted or reprinted, but acknowledgement is requested, together with a reference to the document number. A copy of the publication containing the quotation or reprint should be sent to the UNCTAD secretariat, Palais des Nations, 1211 Geneva 10, Switzerland. For further information on the Trade Negotiations and Commercial Diplomacy Branch and its activities, please contact: Ms. Mina MASHAYEKHI Head, Trade Negotiations and Commercial Diplomacy Branch Division of International Trade in Goods and Services, and Commodities Tel: +41 22 917 56 40 Fax: +41 22 917 00 44 E-mail: [email protected] www.unctad.org/tradenegotiations UNCTAD/DITC/TNCD/2010/3 Copyright © United Nations, 2011 All rights reserved. Printed in Switzerland FOREWORD iii FOREWORD For many years, UNCTAD has been emphasising the importance of developing countries strengthening and diversifying their services sector.
    [Show full text]
  • NEPAL: Preparing the Secondary Towns Integrated Urban
    Technical Assistance Consultant’s Report Project Number: 36188 November 2008 NEPAL: Preparing the Secondary Towns Integrated Urban Environmental Improvement Project (Financed by the: Japan Special Fund and the Netherlands Trust Fund for the Water Financing Partnership Facility) Prepared by: Padeco Co. Ltd. in association with Metcon Consultants, Nepal Tokyo, Japan For Department of Urban Development and Building Construction This consultant’s report does not necessarily reflect the views of ADB or the Government concerned, and ADB and the Government cannot be held liable for its contents. (For project preparatory technical assistance: All the views expressed herein may not be incorporated into the proposed project’s design. TA 7182-NEP PREPARING THE SECONDARY TOWNS INTEGRATED URBAN ENVIRONMENTAL IMPROVEMENT PROJECT Volume 1: MAIN REPORT in association with KNOWLEDGE SUMMARY 1 The Government and the Asian Development Bank agreed to prepare the Secondary Towns Integrated Urban Environmental Improvement Project (STIUEIP). They agreed that STIUEIP should support the goal of improved quality of life and higher economic growth in secondary towns of Nepal. The outcome of the project preparation work is a report in 19 volumes. 2 This first volume explains the rationale for the project and the selection of three towns for the project. The rationale for STIUEIP is the rapid growth of towns outside the Kathmandu valley, the service deficiencies in these towns, the deteriorating environment in them, especially the larger urban ones, the importance of urban centers to promote development in the regions of Nepal, and the Government’s commitments to devolution and inclusive development. 3 STIUEIP will support the objectives of the National Urban Policy: to develop regional economic centres, to create clean, safe and developed urban environments, and to improve urban management capacity.
    [Show full text]
  • 2.3 Nepal Road Network
    2.3 Nepal Road Network Overview Primary Roads in Nepal Major Road Construction Projects Distance Matrix Road Security Weighbridges and Axle Load Limits Road Class and Surface Conditions Province 1 Province 2 Bagmati Province Gandaki Province Province 5 Karnali Province Sudurpashchim Province Overview Roads are the predominant mode of transport in Nepal. Road network of Nepal is categorized into the strategic road network (SRN), which comprises of highways and feeder roads, and the local road network (LRN), comprising of district roads and Urban roads. Nepal’s road network consists of about 64,500 km of roads. Of these, about 13,500 km belong to the SRN, the core network of national highways and feeder roads connecting district headquarters. (Picture : Nepal Road Standard 2070) The network density is low, at 14 kms per 100 km2 and 0.9 km per 1,000 people. 60% of the road network is concentrated in the lowland (Terai) areas. A Department of Roads (DoR’s) survey shows that 50% of the population of the hill areas still must walk two hours to reach an SRN road. Two of the 77 district headquarters, namely Humla, and Dolpa are yet to be connected to the SRN. Page 1 (Source: Sector Assessment [Summary]: Road Transport) Primary Roads in Nepal S. Rd. Name of Highway Length Node Feature Remarks N. Ref. (km) No. Start Point End Point 1 H01 Mahendra Highway 1027.67 Mechi Bridge, Jhapa Gadda chowki Border, East to West of Country Border Kanchanpur 2 H02 Tribhuvan Highway 159.66 Tribhuvan Statue, Sirsiya Bridge, Birgunj Connects biggest Customs to Capital Tripureshwor Border 3 H03 Arniko Highway 112.83 Maitighar Junction, KTM Friendship Bridge, Connects Chinese border to Capital Kodari Border 4 H04 Prithvi Highway 173.43 Naubise (TRP) Prithvi Chowk, Pokhara Connects Province 3 to Province 4 5 H05 Narayanghat - Mugling 36.16 Pulchowk, Naryanghat Mugling Naryanghat to Mugling Highway (PRM) 6 H06 Dhulikhel Sindhuli 198 Bhittamod border, Dhulikhel (ARM) 135.94 Km.
    [Show full text]
  • River Culture in Nepal
    Nepalese Culture Vol. XIV : 1-12, 2021 Central Department of NeHCA, Tribhuvan University, Kathmandu, Nepal DOI: https://doi.org/10.3126/nc.v14i0.35187 River Culture in Nepal Kamala Dahal- Ph.D Associate Professor, Patan Multipal Campus, T.U. E-mail: [email protected] Abstract Most of the world civilizations are developed in the river basins. However, we do not have too big rivers in Nepal, though Nepalese culture is closely related with water and rivers. All the sacraments from birth to the death event in Nepalese society are related with river. Rivers and ponds are the living places of Nepali gods and goddesses. Jalkanya and Jaladevi are known as the goddesses of rivers. In the same way, most of the sacred places are located at the river banks in Nepal. Varahakshetra, Bishnupaduka, Devaghat, Triveni, Muktinath and other big Tirthas lay at the riverside. Most of the people of Nepal despose their death bodies in river banks. Death sacrement is also done in the tirthas of such localities. In this way, rivers of Nepal bear the great cultural value. Most of the sacramental, religious and cultural activities are done in such centers. Religious fairs and festivals are also organized in such a places. Therefore, river is the main centre of Nepalese culture. Key words: sacred, sacraments, purity, specialities, bath. Introduction The geography of any localities play an influencing role for the development of culture of a society. It affects a society directly and indirectly. In the beginning the nomads passed their lives for thousands of year in the jungle.
    [Show full text]
  • Development of a Model to Assess Flood Affected Areas in Near Real Time Along Major Rivers of Uttar Pradesh, India
    ISSN(Online) : 2319-8753 ISSN (Print) : 2347-6710 International Journal of Innovative Research in Science, Engineering and Technology (An ISO 3297: 2007 Certified Organization) Vol. 4, Issue 7, July 2015 Development of a Model to Assess Flood Affected Areas in Near Real Time along Major Rivers of Uttar Pradesh, India Karunesh Kumar Shukla1, Ajay Kumar Agarwal 2, Purnima Sharma3*, Ravi Chaurey4, Research Student, Department of Physical Sciences, M.G.C.G.V. Chitrakoot, Satna, M.P. India and Research Assistant, DST- Centre for Policy Research, BBAU, Central University, Lucknow, India1 Scientist- SE, Remote Sensing Applications Centre, Lucknow, India2 Project Fellow, Geology Department, University of Lucknow, Lucknow, India3 Associate Professor, Department of Physical Science, M.G.C.G.V. Chitrakoot, Satna, M.P.India4 *Corresponding Author ABSTRACT: Remote Sensing and GIS is well-knowntechnology for establishment of flood inundation model for planners and decision makers for flood management. Generally, flood is submerging of water in a normally dry area. There are many factors responsible for flood such as rainstorms, slow water run-off, intensity of rainfall, duration of rainfall, catchment size, earthquakes, broken dams etc. Uttar Pradesh is one of the states which facing flood problem every year because of over flow of waterin rivers flowing through the state as Ganga, Yamuna, Ramganga, Gomti, Ghaghra, Sharda, Rapti, BhuriRapti etc. In 2013, 64 districts of Uttar Pradesh wereadversely affected by flood. Large area of agriculture land, population and household were affected by flood and waterlogging every year. The present study indicates the significance of Remote Sensing and GIS for developing a flood inundation model to assess the flood affected areas and numbers of flood inundated villages in each district in almost real time.
    [Show full text]
  • Officers Office/Home Mobile Number Health Department
    S.No Officers Office/Home Mobile Number 1 District Magistrate 232815/232401 9454417535 2 Chief Revenue Officer 9454416032 3 Additional District Magistrate 232063/232419 9454417606 4 City Magistrate 232897/232654 9454416037 5 Settlement Officer Consolidation 233269 9452512381 6 A.I.G. Stamp 238653 9451724627 7 Senior Treasury Officer 232894 9415194051 8 Deputy Director Consolidation 9454416032 9 S D M , Kaiserganj 254014 9454416035 10 S D M , Nanpara 232211 9454416034 11 S D M , Mahasi 262280 9454416036 12 S D M , Mihinpurwa 9454416051 13 S D M , Payagpur 9454416050 14 Extra Magistrate 9454416043 15 Tehsildar,Bahraich 232885 9454416038 16 Tehsildar Judicial,Bahraich 9454719467 17 Nayab Tehsildar,Mahasi 9450910592 18 Tehsildar,Nanpara 232203 9454416039 19 Nayab Tehsildar,Mihinpurwa 9839644750 20 Nayab Tehsildar,Risia 9838141541 21 Tehsildar,Kaiserganj 254008 9454416040 22 Nayab Tehsildar,Kaiserganj 9454416045 23 Nayab Tehsildar,Jarwal 9454416051 24 Tehsildar,Mahasi 262281 9454416014 25 Nayab Tehsildar,Tejwapur 9454416050 26 Tehsildar , Mihinpurwa 9454416045 27 Tehsildar , Payagpur 9454416042 28 District Mining Officer 8004117191 Health department 25 Chief Medical Officer 232888/232417 9454455262 26 Chief Medical Suprintendent (Male) 9838771504 27 Chief Medical Suprintendent (Female) 9451086407 28 District Homeopathic Suprintendent 9453833926 29 Regional Ayurvedic Unani Medical Officer 9919130517 30 Nagar Health Officer 9415347357 31 Additional Chief Medical Officer 9919253979 32 Incharge Chief Veterinary Officer 235728 9411298565 33 Medical
    [Show full text]
  • NEPAL TOURISM and DEVELOPMENT REVIEW a Collaboration Between Kathmandu University, School of Arts & Nepal Tourism Board
    NEPAL TOURISM AND DEVELOPMENT REVIEW A collaboration between Kathmandu University, School of Arts & Nepal Tourism Board Editorial Board • Mahesh Banskota Kathmandu University [email protected] • Pitamber Sharma [email protected] • Krishna R. Khadka [email protected] • Dipendra Purush Dhakal [email protected] • Padma Chandra Poudel [email protected] Production & • Kashi Raj Bhandari Co-ordination [email protected] • Sunil Sharma [email protected] • Jitendra Bhattarai [email protected] • Khadga Bikram Shah [email protected] • Shradha Rayamajhi [email protected] STATEMENT OF PURPOSE Nepal Tourism and Development Review (NTDR) invites contributors to present their analysis on pertinent issues in the tourism development of Nepal through research in tourism and related disciplines. NTDR encourages discussions on policies and practical issues on tourism and sustainable development. It invites contributions on sustainable development covering wide spectrum of topics in the diverse sectors that tourism influences and is influenced by. Nepal Tourism Board in conjunction with Kathmandu University, School of Arts has created this platform for enthusiastic academicians, researchers and tourism professionals to share their ideas and views. NTDR also aims to disseminate rigorous research and scholarly works on different aspects of the tourism and its development, as an impetus to further strenthening a development of knowledge-based tourism planning and management in Nepal. It is envisaged that this publication will be instrumental in bringing issues to the forefront through wide sharing of knowledge and ideas. NTDR seeks to be a catalyst for students, academicians, researchers and tourism professionals to conduct multidisciplinary research works and contributes towards evolution of tourism specific knowledge.
    [Show full text]
  • Obstacles to Economic Development in Nepal Siddhi B Ranjitkar
    Obstacles To Economic Development In Nepal Siddhi B Ranjitkar Introduction The recent expenditure of the State capital budget has been alarmingly low (less than 5 percent of the capital budget in 2015) indicating the State has not been able to use the taxpayers’ money for the economic development. Capital budget has been primarily for the infrastructures such as roads, irrigation systems, hydropower projects and so on. Infrastructure is the spine of the overall economic development. Many human-made and natural obstacles have been in the way to the infrastructure development in the past and currently, too causing constraint on the overall economic development, and delaying the poverty alleviation. The country would not economically develop if the State collects the money from the citizens in the various names of tax but does not use it for the economic development. So, money needs to go around and make everybody work and create assets and develop the country. If money sits in the State treasury it won’t be better than a scrap of paper. The State collects money from the common folks in the form of various taxes. Every citizen pays VAT (Value-added Tax) on every service or item s/he pays for. If you go to a restaurant you get the bill with the VAT on the meals you ate and the drinks you drank. If you are a rich person you pay a very high tax on a car you buy. The tax on a car is more than the price of a car. But you might not feel it because the tax has been already added to the price.
    [Show full text]
  • Nepali Times on Thursday
    #458 3 - 9 July 2009 16 pages Rs 30 Weekly Internet Poll # 458 Q. Should the Maoists have been included in the new government? Total votes: 4,031 Easy Weekly Internet Poll # 459. To vote go to: www.nepalitimes.com way out Q. What is the foremost reason for the spike in crime? SUBASH DEVKOTA wo months after the resignation of the Maoist- led coalition, it’s not just the new government T and parliament that are stuck: the whole country has ground to a halt. There is a simple way out of this stalemate. The NC and UML just have to agree to a Maoist proposal to have Prime Minister Madhav Kumar Nepal make a speech in parliament containing the following sentence: “The Maoists regard the president’s move on the army chief as unconstitutional…” But the UML and NC have said there is a legal issue with calling the president’s move “unconstitutional” because that would make the current coalition also unconstitutional. “That’s all that is holding things up,” the prime minister’s press adviser, Bishnu Rijal, told Nepali Times on Thursday. The Big Three have been meeting all week trying to find a compromise formula, but have found it difficult EDITORIAL p2 to untangle themselves from their 11 month to go rigid positions on the president’s reinstatement of the army chief on 4 May, the move that precipitated this crisis. What has complicated matters is that the Maoists have had to deal not just with the NC and UML, but also with a radical faction that doesn’t want any dealings with the other parties.
    [Show full text]
  • Annual Report (2016/17)
    MINISTRY OF FOREIGN AFFAIRS GOVERNMENT OF NEPAL ANNUAL REPORT (2016/17) KATHMANDU, NEPAL AUGUST 2017 Nepal: Facts and figures Geographical location: Latitude: 26° 22' North to 30° 27' North Longitude: 80° 04' East to 88° 12' East Area: 147,181 sq. km Border: North—People's Republic of China East, West and South — India Capital: Kathmandu Population: 28431494 (2016 Projected) Country Name: Federal Democratic Republic of Nepal Head of State: Rt. Honourable President Head of Government: Rt. Honourable Prime Minister National Day: 3 Ashwin (20 September) Official Language: Nepali Major Religions: Hinduism, Buddhism Literacy (5 years above): 65.9 % (Census, 2011) Life Expectancy at Birth: 66.6 years (Census, 2011) GDP Per Capita: US $ 853 (2015/16) Monetary Unit: 1 Nepalese Rupee (= 100 Paisa) Main Exports: Carpets, Garments, Leather Goods, Handicrafts, Grains (Source: Nepal in Figures 2016, Central Bureau of Statistics, Kathmandu) Contents Message from Deputy Prime Minister and Minister for Foreign Affairs Foreword 1. Year Overview 1 2. Neighbouring Countries and South Asia 13 3. North East Asia, South East Asia, the Pacific and Oceania 31 4. Central Asia, West Asia and Africa 41 5. Europe and Americas 48 6. Regional Cooperation 67 7. Multilateral Affairs 76 8. Policy, Planning, Development Diplomacy 85 9. Administration and Management 92 10. Protocol Matters 93 11. Passport Services 96 12. Consular Services 99 Appendices I. Joint Statement Issued on the State Visit of Prime Minister of Nepal, Rt. Hon’ble Mr. Pushpa Kamal Dahal ‘Prachanda’ to India 100 II. Treaties/Agreements/ MoUs Signed/Ratified in 2016/2017 107 III. Nepali Ambassadors and Consuls General Appointed in 2016/17 111 IV.
    [Show full text]
  • Draft IEE: Nepal
    Draft Initial Environmental Examination September 2011 NEP: Integrated Urban Development Project- Nepalganj Municipality Prepared by the Government of Nepal, Ministry of Physical Planning and Works for the Asian Development Bank. CURRENCY EQUIVALENTS (as of 5 August 2011) Currency unit – Nepalese rupee (NRs/NRe) NRs1.00 = $0.01391 $1.00 = NRs 71.874 ABBREVIATIONS ADB - Asian Development Bank AIDS - Acquired Immune Deficiency Syndrome CITES - Convention on International Trade in Endangered Species of Wild Fauna and Flora DOR - Department of Roads DSC - Design and Supervision Consultants DSWSS - Department of Water Supply and Sewerage DUDBC - Department of Urban Development and Building Construction DWEC - District Wage Evaluation Committee EARF - Environmental Assessment and Review Framework EIA - Environmental Impact Assessments EIA - environmental impact assessment EMEP - Environmental Mitigation Execution Plan EMP - Environmental Management Plan EPA - Environment Protection Act EPR - Environment Protection Rules GRC - Grievance Redress Mechanism HIV - Human Immunodeficiency Virus IEE - Initial Environmental Examination MLD - Ministry of Local Development MOE - Ministry of Environment MOE - Ministry of Environment MOF - Ministry of Finance MPMC - Municipal Project Management Committee MPPW - Ministry of Physical Planning and Works NDWQS - National Drinking Water Quality Standards NGO - Non-Government Oranization NTFP - non-timber forest products NWSC - Nepal Water Supply Corporation OHS - Occupational Health and Safety PCO - project coordination
    [Show full text]