News dalla rete ITA

17 Settembre 2018

Nepal

NEPAL GOVERNMENT IS PLANNING TO AMEND THE FOREIGN EXCHANGE ACT

According to the press, The Nepalese government is planning to amend the Foreign Exchange (Regulation) Act, 1962, to partially deregulate investment abroad. According to the analysts, the initial draft of the bill to amend aforementioned law has listed banking, insurance, footwear, construction and hotel/hospitality sectors as potential sectors for deregulation. According to investment experts, the government would permit outward direct investment after cross-checking the sector, the market potential, commitment to repatriate profit back home and investment in priority sector. (ICE NEW DELHI)


Fonte notizia: The Himalayan Times