Submit your Article

Park Tae-Young is newly appointed Ambassador of South Korea to Nepal. He is currently busy meeting political leaders, government officials and representatives from other sectors of Nepali society. Park recently visited the office of Annapurna Media Network and interacted with the AMN team on wide-range of bilateral issues. Excerpts:

What is your view on Nepal-South Korea relationship?

Very soon, we are completing 50 years of the establishment of bilateral relations. Due to our strong relations, we have collaborated closely in various areas. As we commemorate this momentous occasion, I am contemplating how we can honor and celebrate the friendship between Nepal and South Korea.

How do you find the relationship between Nepal and Korea at a people-to-people level?

Having taken up my position in Nepal just 50 days ago, I have been actively engaging with government agencies to strengthen bilateral ties. I am focused on fostering relations at the people’s level which involves meeting and connecting with diverse individuals. During my interactions, I had the opportunity to meet numerous individuals with connections to Korea, including businessmen who have relatives there. The Employment Permit System (EPS) has undeniably played a significant role in fostering the relationship between Nepal and South Korea at the people’s level. At present, there are approximately 40,000 Nepalis employed in South Korea, and the interest in working there continues to grow. Prior to the Covid-19 pandemic, we were seeing over 40,000 South Korean tourists visiting Nepal annually. The South Korean people are attracted to Nepal’s natural scenery and find visiting Lumbini, the birthplace of Gautama Buddha, particularly appealing. It is noteworthy that there is a balanced flow of people between the two countries. The relationship is characterized by mutual harmony and respect, rather than being one-sided. Furthermore, numerous development programs contribute to the strengthening of bilateral ties.

What initiatives are being undertaken to attract Korean investors to Nepal?

Recognizing the significance of economic cooperation in strengthening bilateral relations, we are actively pursuing initiatives to attract Korean investors to Nepal. South Korea currently holds the fourth position in terms of foreign direct investment in Nepal. Samsung’s television assembly plant is the recent example of South Korean investment in Nepal. It seems South Korean multinationals are eager to invest in Nepal.

In which sector of Nepal are Korean investors particularly interested in?

Korean investors have shown a strong interest in Nepal’s hydropower sector. They recognize that Nepal possesses the second richest water resources in the world. Currently, two hydropower projects with South Korean investment have been completed, while the construction of the Upper Trishuli-1 Hydropower Project (216 MW) is underway and expected to begin generating electricity in 2027. These ventures could significantly contribute to Nepal’s electricity sector. Moreover, Korean companies are also in the construction of transmission lines. In this regard, coordination efforts are being made with the Ministry of Energy and Nepal Electricity Authority. It is not only the larger multinational companies that we seek to attract; we also encourage medium-sized companies to invest in Nepal. I am committed to taking the necessary initiatives to facilitate such investments.

Hi-Mo, a company with South Korean investment, has been producing wigs in Nepal for the past five years. The company employs over 600 Nepali women and exports wigs to South Korea and Japan. Nepal boasts a strong workforce and benefits from its strategic location, situated between two of the world’s most populous countries. This advantageous position creates a conducive industrial environment in Nepal. As investors primarily seek profitability, we are actively collaborating with Nepali government agencies to ensure that foreign investors receive the same facilities and returns as their Nepali counterparts.

How would you evaluate the role of the Nepali government in attracting foreign investment?

The Nepali government is making concerted efforts in this regard. We, too, are making efforts from our side. However, it is crucial for Nepal to effectively communicate to potential investors that it offers a conducive business environment and promising returns on investment.

What type of workforce is essential for the development of a country?

A competent and skilled workforce is crucial for the development of any country. A notable example is South Korea, which had limited natural resources compared to Nepal but succeeded in its development journey due to its abundant labor force. The significant contribution of a skilled workforce played a key role in South Korea’s progress. Similarly, observing the investments made by Nepali citizens in the education of their children, I am optimistic that Nepal is on the path to cultivating an educated workforce. Vocational skill training is being provided in Butwal with the support of the South Korean government. We are also prepared to organize similar training programs in the Madhes and Gandaki provinces. My aspiration is to establish vocational training centers with South Korean support across all seven provinces of Nepal.

In terms of business environment, how do you perceive the situation in Nepal?

Nepal is ranked relatively low, currently placed 94th among countries worldwide. It indicates that there is room for improvement, not just in Nepal but also across South Asia. In the early days, South Korea faced challenges due to a lack of coordination and harmonious relations between employees and businessmen. It is essential for the Nepali government to listen to the voices of the private sector and foster a collaborative environment. By working in coordination, both the government and the private sector can contribute to improving the overall situation and creating a more conducive business environment.

Is it possible to increase the number of Nepali workers under the EPS system?

Nepali workers who have participated in the EPS have made significant contributions to South Korea’s industrial sector and overall economy. Remittances sent back home by these workers have also benefited Nepal and its citizens. Workers from 16 countries are benefiting from EPS. An estimated 90,000 is expected to head to South Korea this year through EPS. South Korea has specifically demanded 15,000 workers from Nepal. Since employers also prefer Nepali workers, they have placed more demands. Currently, over 14,000 Nepalis have already left for South Korea, and it is estimated that more than 20,000 workers will go to South Korea through EPS this year. Among 16 countries, Nepa is the largest contributor of workers to South Korea through EPS this year.

How long will the EPS program continue?

There have been concerns regarding the potential closure of the EPS system. However, due to the ongoing insufficiency of workers in South Korea, the demand for Nepali workers continues to increase steadily. I firmly believe that the EPS program will continue to thrive for a significant period. Workers who participate in this program receive salaries on par with Korean citizens, earning more than Rs 200,000 per month. Notably, Nepali workers have not only earned income but have also acquired valuable skills during their time in South Korea. These skills will play a pivotal role in shaping Nepal’s future. Soon after my arrival in Nepal, I came across a news article highlighting the success story of a returnee from South Korea who was creating jobs by opening an industry in Nepal. Such inspiring examples are on the rise, demonstrating that Nepal is steadily moving closer to prosperity.

How can the skills learned in Korea be utilized in Nepal?

In collaboration with the Korean International Cooperation Agency (KOICA), we have initiated a reintegration program to support returning workers in starting businesses and providing vocational education. Through this program, returnee workers learn how to invest. The success of this initiative will lead to the opening of more industries and the creation of additional job opportunities. It is crucial for media outlets, including Annapurna Media Group, to work for harnessing the skills and investments of these returnee workers.

The gold is being traded at Rs 112, 200 per tola in the domestic market on Monday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, tejabi gold is being traded at Rs 111, 650 per tola.

Similarly, the silver is being traded at Rs 1,480 per tola today.

A Lebanese national was arrested with USD 10, 000 from the Tribhuvan International Airport (TIA) on Sunday.

Police said that they arrested El Yaman Muhammad when he was about to board a flight of Nepali Airlines to Dubai last night.

According to police, Muhammad was apprehended with USD 10, 000 during a regular security check.

“We were conducting a regular check at the airport. We recovered USD 10, 000 from his possession. Muhammad could not give a proper answer when he was asked about the source of the money. That is why we arrested him,” a police source said.

Police said that they are looking into the case.

Spring is coming, spring is coming 

Birds build your nest

Bring together straw and feather

Do each your best

Spring is coming, spring is coming 

Flowers are blooming too

Roses, lilies and daffodils

Aren’t they beautiful?

Spring is coming, spring is coming 

The season is blue

Ducks, swans and fishes in the river

Enjoyment is everywhere

Saurav Kafle

Grade: 6

Babalika English Secondary Boarding School, Thim

Every child is a unique flower, and together, these flowers create a beautiful garden in our world. In today’s interconnected global village, where everything is connected through the internet, there has been a significant decline in cultural events. It is our responsibility as individuals to promote intercultural understanding, which holds exponential benefits for children. By learning about different cultures and perspectives, they develop empathy, respect, and openness, which are essential qualities for navigating a diverse and complex world. In honor of ‘The Mother of China’, the Soong Ching Ling Foundation was established on 29 May 1982, with the precise purpose of achieving this objective. Since its inception, the China Soong Ching Ling Foundation has organized various cultural exchange programs involving children from around the world.

I had the sublime opportunity to participate in one of the cultural events organized by the Soong Ching Ling Foundation. The annual ‘Junior Cultural Ambassador’ competition serves as a platform for young minds from across the globe to share their ideologies, views, and perspectives on various topics. In 2022, the competition focused on Chinese culture, attracting 547 participants from 41 countries. Among all the participants, I achieved success and had the privilege of becoming the only Nepali to represent my nation, earning the prestigious title of ‘Junior Cultural Ambassador’.

During my visit to China, I had the chance to explore some of the country’s most iconic landmarks and cultural sites. The Forbidden City impressed me with its display of traditional Chinese architecture, while the sheer size and historical significance of the Great Wall left me in awe. Tianjin Ancient Culture Street provided a charming and historical atmosphere where I could immerse myself in local culture and cuisine. The National Maritime Museum of China offered a fascinating glimpse into the wonders of the country’s ancient and marine life.

Overall, my experience visiting these places was unforgettable and left me with a newfound appreciation for China’s rich culture and history. Among the numerous places I visited, the highlight of the trip was undoubtedly Mrs. Soong Ching Ling’s house. Witnessing her incredible hard work, perseverance, and love for others increased my respect not only for her but also for all those working to make a positive impact. The greatest moment of my trip was undoubtedly when I received the award and title of ‘Junior Cultural Ambassador’.

Being the only Nepali dressed in Dhaka Topi and Daura Suruwal Atari made me feel on top of the world, and representing my nation in front of a distinguished international audience was the proudest moment of my life. One of the many benefits of this program was the opportunity for cultural exchange. I had the chance to interact with young people who had participated and showcased their unique cultures. Learning about their cultures, understanding their views and ideologies on various aspects, exemplified the essence of cultural exchange. This event forged bonds and friendships that will last a lifetime. The incredible people I met during the event taught me that friendship knows no boundaries, transcending nationalities.

Despite no longer being physically together, we continue to stay in touch, sharing our experiences and maintaining connections. This cultural exchange was an unforgettable experience that broadened my perspective and instilled in me a newfound appreciation for diversity.

Upon returning from China, I have been even more motivated to promote culture and friendship between Nepal and China. Countless opportunities have arisen in this process. One of the moments that I will never forget in my entire life was meeting Prime Minister Pushpa Kamal Dahal. He has always been an inspirational figure and an idol of mine, and having the chance not only to meet him but also to share my feelings and experiences is a moment that I will forever cherish.

Although every journey eventually comes to an end, and as sad as it may be, my trip also concluded. However, I believe it is not the end but a new beginning. This short yet meaningful trip has had a profound impact on my life. It has not only motivated me to delve deeper into the world of Chinese culture but has also made me aware of my role as a ‘Junior Cultural Ambassador’ in strengthening Nepali-Chinese friendship and bridging the cultural legacy between Nepal and China.

This article marks the starting point of my endeavor. Finally, I would like to express my heartfelt gratitude to my school, LRI School, LRI Cultural Center, Chinese Culture Center, BICC, teachers, dear parents, friends, and the China Soong Ching Ling Foundation and the People’s Republic of China. Without their support, this trip would never have been possible. I extend my utmost appreciation to all the wonderful individuals who have aided me on this journey.

Krishav Pant

LRI School, Kathmandu

The Kathmandu District Court on Sunday extended the remand of 17 persons arrested in connection with the Lalita Niwas land grab case by five days.

According to SSP Dinesh Acharya of the Central Investigation Bureau of  Nepal Police, the court extended the remand for the fourth time today by five days.

"The investigation has been expedited so that it can be completed within 60 days," he said, adding, "Arrest warrants have been issued against some more people found involved in the case. Police are preparing to arrest them."

Seventeen individuals including Communications Secretary Krishna Bahadur Raut, Bhatbhateni Supermarket Chairman Min Bahadur Gurung and former election commissioner Sudhir Kumar Shah are in police custody.

The Kathmandu District Court had extended the remand for the first and second time by seven days, five days for the third time and five days for the fourth time today to keep them in custody.

Police had started an investigation in this case in a new way by detaining seven persons at a time on June 27.

Min Bahadur Gurung, Sudhir Kumar Shah, Dharma Prasad Gautam, Gopal Karki, Shivaji Bhattarai, Ghaman Kumari Karki, Baburaja Maharjan, Ramesh Kumar Pokharel, Dev Narayan Maharjan, Lokhari Ghimire, Dhruba Prasad Aryal, Krishna Bahadur Raut, Yograj Paudel, Narayandas Mishra, Rudra Prasad Shrestha, Bal Krishna Shrestha and Binod Paudel are in the custody.

Kaladhar Deuja, Surendraman Kapali and Hupendramani KC, however, were released on the basis of the court's stay order.

The Nepal Stock Exchange (NEPSE) gained 12. 16 points to close at 2, 097.09 points on Sunday.

Similarly, the sensitive index surged by 2.90 points to close at 394. 15 points.

A total of 7,184,254unit shares of 286 companies were traded for Rs 2. 37 billion.

Meanwhile, Sunrise Focused Equity Fund (SFEF)was the top gainer today, with its price surging by 10. 00 percent. Similarly, Liberty Energy Company Limited (LEC) was the top loser as its price fell by 5. 96 percent.

At the end of the day, total market capitalization stood at Rs 3. 08 trillion.

Kankai Municipality in Jhapa district has banned the sale and consumption of tobacco products effective from tomorrow (July 17).

The municipality has formulated an act and the town assembly meeting took a decision in this regard, said the municipality mayor Rajendra Kumar Pokharel.

“The sale and consumption of tobacco products have been banned in view of health and environmental risks. This will come into effect from tomorrow. I urge all to implement the municipality’s decision,” said the mayor.

This is as part of the municipality’s campaign to make Kankai clean, beautiful, managed, and developed local level, he added.
Violation of the directive and selling tobacco products is subject to a punishment of Rs 50,000 in fine, said the municipality chief administrative officer Mohan Prasad Neupane.

In the case of the consumption of tobacco products in public places, Rs 5,000 is fined.