Kathmandu, Jan. 20 -- The American Chamber of Commerce in Nepal (AmCham Nepal) met Finance Minister Rameshwore Khanal to discuss ways to increase US investment.

The meeting focused on easing business operations for foreign companies by addressing policy hurdles and improving digital infrastructure. AmCham presented eight priority areas, including making Nepal a hub for high-tech data centres, citing the country's cool climate and abundant hydropower. However, the group noted that unclear regulations and unreliable internet connectivity are deterring investors.

Business concerns such as delays in VAT refunds were also raised. AmCham suggested allowing commercial banks to handle verification processes to reduce paperwork and free up funds...