West Bengal and Nepal despite their differences are closely held together by their culture and traditions. A history of close cooperation and friendship between the two has been greatly facilitated by the long and open border and close economic ties between the two. In the past few years there has been tremendous progress in economic relationship between Nepal and West Bengal. In the recent years the two have successfully been holding hands in economic, educational and cultural ties.
Nepal has a large volume of trade with West Bengal. Of late, it is widely felt that Nepal must concentrate heavily on import substitution and in setting up and furtherance of exported-oriented industries. To achieve this, Nepal must lay scope for more direct foreign investment with more and more value additions in Nepal so that it may industrialize faster and also increase trade with West Bengal also as to reduce the trade deficits with the trading partners.
Investment Environment (Scope).. know more >>
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