Nepal, April 8 -- The Government of Nepal is bracing up for the third investment summit on April 28-29 in Kathmandu. Similar events were organised in 2017 and 2019 as well. The key objective is to promote Nepal as an attractive investment destination. Despite the unfailing policy rhetoric of attracting foreign direct investment (FDI) by every successive government since 1985, Nepal's success has been unimpressive, if not pathetic. According to World Bank data, except for three years in the last four decades-1997, 2010 and 2017-FDI inflow has even failed to reach 0.5 percent of Nepal's gross domestic product (GDP). As per the World Investment Report (WIR) 2023, published by the United Nations Conference on Trade and Development (UNCTAD), d...