The department of Industry (DoI) will take an automatic route in order to establish a conducive atmosphere for attracting foreign direct investment. By eliminating the laborious process, the department has simplified the process of attracting foreign direct investment through a one-door approach. In the current fiscal year’s budget, it was stated that foreign investment of …
Nepal and India have a lot in common such culture and language. We share interests in politics, social culture, tradition, and religion. The majority of the big businessmen have moved from India to Nepal. They are mostly from the Marwari Aggarwal community. The Marwari or Marwadi community in Nepal originated in Rajasthan, India. Banias from northern, central, and …
INCOTERMS Learn about the Incoterms and what it means in the below read. Trade terms on a global scale The International Chamber of Commerce (ICC) has developed global trade terminology that can be used to promote and streamline international trade. It is mostly used in the procurement process. In fact, obtaining products without a thorough …
Foreign investment is permitted in the pharmaceutical industry in Nepal in order to create a favorable environment for foreign investors, and investors’ rights are also protected. Domestic production is expected to cover 45 percent of total demand, with the remaining 45 percent coming from imports, India, and third-world countries. Most prescriptions are widely available, although …
Foreign Direct investment in the herbal cosmetics industry Natural components are currently being employed in the cosmetics industry to generate products that are in high demand on the global market. Herbs of many kinds thrive in Nepal. Mountains, hills, and terai make up Nepal, and it has a huge amount of potential for still-valuable herbs. Cosmetics …