- Stolen missiles from Gaddafi targets Britain chopper pilots
- Argentina accuses UK of treating Falkands as 'last refuge of declining empire'
- Imran Khan accuses Gilani of putting system at risk to save corrupt Zardari
- New survey shows Santorum trails Obama by just four percent in White House race
- Egypt's generals reject calls for civilian cabinet
- Burma's 'Saffron Revolution' leader detained within weeks of release
Nepal, Finland ink economic agreement
Kathmandu, Feb 4 (ANI): The Nepal Government and the Republic of Finland on Tuesday signed a bilateral agreement for the protection and promotion of investment as well as promotion of mutual economic cooperation.
The agreement will stimulate investment in respective countries. As per the agreement, investment shall not be confiscated or nationalised.
The prime tenets of the agreement are to allow, encourage and promote investment and to ensure returns on investments in an equitable manner.
Kantipur quoted Finance Secretary Rameshwor Khanal as saying that the agreement recognises the need to protect investment of investors with full security.
"We will have double digit economic growth in the country by the next three years," he added.
Minister of Foreign Trade and Development of Finland Dr. Paavo Vayrynen said the Finnish government is ready to help Nepal, despite the financial crisis in the international market. (ANI)
Nepal, India to cooperate in field of Himalayan Environment and Development.
Aarushi case: Accused Rajkumar in Nepal, CBI clueless .
Sustainable political conversion impossible without cultural change in Nepal, says Prachanda.
Aarushi case: Accused Rajkumar in Nepal, CBI clueless .
India airs concern at fertiliser smuggling into Nepal, Bangladesh .
|
|
|
|
|
|
Comments: