Government permits $10 lakhs investments in foreign land

Kathmandu, May 23 –  Nepal government has approved for the investment in foreign countries. It has granted permission for Nepali businesses to invest 10 lakhs American dollar in foreign countries.

 

Though Nepal has been become the member of world trade organization the traders after started for illegal investment in foreign land government has introduced this new policy for the first time.

 

Government  has permitted for the foreign investment with the agreement under Nepal  Rastra Bank under the foreign investment policy 2070.