November 20, 2019 05:43 PM NPT
KATHMANDU, Nov 20 : Deputy Prime Minister and Minister for Defense Iswar Pokharel has appealed to investors in the United Arab Emirates to invest in Nepal, as security of investment is guaranteed legally.
DPM Pokharel, on an official visit of the UAE, met with the Chair of Dubai Chamber of Commerce and Industry and shared that the government does not discriminate between domestic and foreign investors. There is investment board led by the Prime Minister to facilitate investment in big projects, tax rates have been reformed, special economic zone set up and a facility has been made to take returns from investment in foreign currency, he added. Stating that the UAE was the third largest business partner of Nepal, DPM Pokharel urged for help in decreasing the trade deficit by increasing import of agro products, pashmina, ornaments and other goods from Nepal, according to his press coordinator Lokendra KC.