Trade between India and Nepal

"In the past few years, we have significantly expanded our economic cooperation programme with special emphasis on improvement of socio-economic and trade related infrastructure. Today our assistance programme has its imprints in nearly all districts of Nepal, with over 400 projects under implementation having an outlay of more than NRs. 60 billion. In the last five years, our capacity building programme has benefitted over 9000 Nepali citizens, in government and in the private sector and students pursuing higher education. The concessional lines of credit of USD 350 million offered by India to the Government of Nepal will further augment our efforts to create development infrastructure."

"Indian investors have also played a key role in the economic development in Nepal. They account for nearly 45 % of Nepal’s foreign direct investment. They have brought in new technologies and management skills; they have made a significant contribution in terms of revenues to the exchequer, import substitution, promoted Nepal’s exports to India and provided direct employment to around 30000 Nepali citizens and indirect employment to more than twice that number." Rakesh

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