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Nepal's finance minister calls for more Indian investments in the Himalayan nation

Press Trust of India  |  Kathmandu 

Nepal's Yuvraj on Thursday urged more Indian companies to invest in the nation owing to the existing political stability that can pave way for perfect atmosphere of business growth.

Speaking at the closing ceremony of the two-day Nepal-Franchise Investment Expo and Conclave here, Kathiwada also sought from Nepal's youth to venture their own business by forging franchise collaboration with the renowned companies of instead of searching employment opportunities in foreign

"There is a big scope for investment in the country from both domestic as well as foreign investors with the country attaining political stability," Kathiwada said at the event which

primarily focused on building the relations between and through entrepreneurship development.

The event was organised by the here in collaboration with the and was attended by over 12 Industries and trading companies from both sides.

Calling for more Indian companies to invest in Nepal, Kathiwada said: "I welcome franchise partnership from Indian companies. We can learn a lot from them".

Present during the occasion, Indian Ambassador to Manjeev Singh Puri, also underlined the need of more collaborations between Nepalese and Indian companies for mutual benefits.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 16 2019. 18:11 IST