Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1075 Sun. June 10, 2007  
   
Business


Indian investors demand business protection in Nepal


Expressing distress over targeting Indians in Nepal, Indian investors demanded that they should be protected and promoted as foreign investors for the bilateral benefit.

Hosting a luncheon meeting for the Unified Marxist-Leninist (UML) delegation led by general secretary, Madav Kumar Nepal, they also asked to end the discriminatory government policy on foreign investments.

Assuring Indian businessmen for creating conducive environment for the investments, UML's head of the delegation said the investments were needed in building infrastructures in hydro power, roadways, airports and cable cars.

"Nepal is focusing on development of tourism, hydro-power projects, agriculture and infrastructure for education and healthcare and considers India as its natural ally," he said.