US official calls for better business climate in meetings with Nepal ministers
Summary
US Special Envoy Sergio Gor met with Nepal's Finance and Foreign Ministers to discuss advancing MCC initiatives, expanding trade and investment, and improving the business climate to encourage US investment in Nepal.
Key Points
- US Special Envoy Sergio Gor held discussions with Nepali Finance Minister Swarnim Wagle and Foreign Minister Shisir Khanal on advancing the Millennium Challenge Corporation Compact and expanding trade and investment.
- The Nepali government is focused on easing obstacles in MCC projects and creating an enabling environment for business to attract US investors.
- Both sides discussed commemorating the 80th anniversary of Nepal-US diplomatic relations with exchanges of high-level visits and various events.
- Gor launched the American cargo drone Ultra X Gen 2 at Everest Base Camp as part of strengthening bilateral cooperation and technology-driven economic opportunities.
