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Nepal, April 16 -- If 2019 summit is to be different from the past ones in terms of outcomes, Nepal should improve its ease-of-doing-business status
Foreign Direct Investment (FDI) is an effective instrument for promoting sustainable development in Least Developed Countries (LDCs) like Nepal. Realizing this fact, the government of Nepal has organized three investment summits so far. First was in 1992 following the restoration of democracy. The investors attending the summit had pledged investment of approximately $100 million, but only around 25 percent of the pledged amount was realized. Likewise, the second summit was convened in 2017 following the promulgation of the new constitution. Twenty six firms from eight countries pledged thei...
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