Minister Khatiwada lobbies for foreign investment in UK « Khabarhub
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Minister Khatiwada lobbies for foreign investment in UK

23 February 2019  

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KATHMANDU:  Finance Minister Dr Yuba Raj Khatiwada met Michael Bates, the minister of state in the Department for International Development, UK and member of House of the Lords, at the House of Commons London. Khatiwada is  currently on a visit to the United Kingdom.

On the occasion, Minister of State, Bates inquired about Nepal’s development, states a release by the the Ministry of Finance. Finance Minister is on UK visit in a bid to bring British investment in Nepal.

During the meeting, the British Minister of State also inquired about the post-earthquake reconstruction, implementation of federalism and development-related issues.

In response, Finance Minister Khatiwada said Nepal’s constitution is one of the best democratic constitutions of the world and that Nepal has been practicing inclusiveness in its governance, adding that the women, dalit, indigenous nationalities, Muslim and marginalized communities had more than one-third representation in the parliament.

Minister Bates, during the meeting expressed commitment for continued British cooperation in Nepal’s development.

Minister Khatiwada on Thursday held discussions with the businesspersons and investors representing over two dozen British companies. On the occasion, he explained about the conducive investment climate, opportunities and returns in Nepal. He also urged the British entrepreneurs for their active participation in the investment conference being held in Nepal on March 29 and 30.

Publish Date : 23 February 2019 09:20 AM

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