Show cause notice issued on BIPPA

KATHMANDU, Nov 2: The Supreme Court (SC) on Wednesday issued a show cause notice in the name of government on Bilateral Investment Promotion and Protection Agreement (BIPPA) signed with India.



Responding to a writ petition filed by advocate Bal Krishna Neupane, a single bench of Chief Justice Khil Raj Regmi asked government authorities to furnish written clarification within 15 days as to why it inked the agreement with India.



Neupane has claimed in his petition that the agreement will not have favorable consequences for Nepal in the long run.

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