United Nations
Information Centre | Nepal
AN INVESTMENT GUIDE TO NEPAL
Abstract:
A smallish country of 24 million people, Nepal is situated between what are potentially the two largest markets in the world: China and India. A trade treaty with India guarantees duty-free access to most Nepali manufactures. While nothing similar exists with China, there are straws in the wind: an agreement to make the Chinese yuan convertible in Nepal and a memorandum of understanding making Nepal the first South Asian country to receive “approved destination” status from China. As a least developed country, Nepal is also eligible for the benefits of the Everything-But-Arms initiative of the European Union, offering its products preferential access to the European market. ourism is the biggest business in the world and there is hardly a country that does not seek either tourists or investment in tourism. Uniquely, Nepal offers some of the most spectacular tourist attractions in the world: 8 of the world’s 10 highest mountain peaks, including the top of the world, Mount Everest; an extraordinary range of climatic conditions ranging from the sub-arctic to the tropical and a corresponding range of flora and fauna, from the snow leopard to the rhino; a rich cultural heritage, from the birthplace of the Buddha through medieval Hindu temples to 60 spoken languages from several language families. Nepal also offers enormous potential for hydropower and a remarkable variety of agricultural products in the five climatic zones packed into a north–south breadth of 150–250 kilometres. #Market #Natural Assets #policies
Publisher: UN Type / Script:
Progress Report  in  English
Keywords:
 MARKETING, TRADE PREFERENCES, TRANSIT COUNTRIES, TRADE REGULATION, IMPORT PROMOTION, EXPORT PROMOTION, EXPORT DEVELOPMENT, FOREIGN TRADE, FOREIGN POLICY, TRADE REGULATION
Thematic Group:
UN, (2003)
Thesaurus:
07.01.00 - General International Trade And Trade Policy
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Feeder: SADIKSHYARAUT, Editor: , Auditor:
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