Visiting US official seeks better climate for US investment in Nepal
Summary
US Assistant Secretary of State Samir Paul Kapur visited Nepal to discuss creating an investment-friendly environment to boost US direct investment, economic growth, and bilateral relations.
Key Points
- US Assistant Secretary of State Samir Paul Kapur visited Nepal to encourage direct investment contingent on a conducive environment.
- Finance Minister Swarnim Wagle and Foreign Minister Shisir Khanal pledged reforms to support foreign direct investment.
- Discussions included addressing tax issues with companies like Cotiviti and Coca-Cola and promoting sectors such as tourism, clean energy, and IT.
- The US expressed readiness to strengthen economic partnerships and support Nepal’s development goals over the next decade.
