Prime Minister Sher Bahadur Deuba has said that as a close neighbor with deep and diverse ties, Nepal wishes to benefit from India’s economic rise.

Addressing the business community in New Delhi, PM Deuba said it is inspiring to meet the leaders of India’s business community, investors, and entrepreneurs.  “Nepal seeks to build a closer partnership with the Indian private sector. We desire to welcome more Indian investors in Nepal and invite them to be a meaningful part of our economic transformation,” PM Deuba said.  We have opened almost every sector of the economy for foreign investment.

And among these, hydropower, manufacturing, tourism, services, infrastructure, and agro-based industries are our priority sectors, he added. He said the Nepal government's policy envisages empowering the private sector and facilitating businesses.  Our tariffs are low; the tax regime is simplified, and trade-related infrastructures are being strengthened, Deuba said.  Incentives for investment in Nepal are no less attractive.  Every business that has invested in Nepal has achieved a very high rate of return, he added.