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Nepal: Investment Climate Statement 2015

Nepal: Investment Climate Statement 2015

Paperback

Business GeneralSocial Movements

ISBN10: 1532833040
ISBN13: 9781532833045
Publisher: Createspace
Published: Apr 21 2016
Pages: 28
Weight: 0.20
Height: 0.06 Width: 8.50 Depth: 11.02
Language: English
Since the first Constituent Assembly (CA) election in April 2008, Nepal has had seven governments. The second CA election in November 2013 was deemed free, fair, and credible by international and domestic observers. The Nepali Congress emerged with a plurality of CA seats, and joined with the party with the second largest bloc, the Communist Party of Nepal - United Marxist Leninist (UML) party, to form a coalition government in February 2014. The government of Nepal (GON) has publicly reaffirmed its interest in facilitating foreign investment. Many in the business community have expressed confidence that the new coalition will provide a measure of political stability, particularly if it is able to fulfill the CA's mandate of completing a permanent constitution.

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