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FDI in pharmaceutical sector: Must to encourage research

FDI in pharmaceutical sector: Must to encourage research
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Is the Growth of Sino-Nepal Relations Reducing Nepal's Autonomy?

Publication: China Brief Volume: 21 Issue: 5
March 15, 2021 02:23 PM
Age: 3 weeks
Image: Chinese President Xi Jinping attends a welcome ceremony held by Nepali President Bidya Devi Bhandari upon arriving in Kathmandu for a state visit on Nepal 12, 2019. Xi was the first Chinese president to visit Nepal in over 20 years. (Image source: Xinhua)
Introduction
Commonly held economic theory generally suggests that foreign aid benefits the recipient. But so far, China’s bilateral relations with Nepal which are based upon generous pledges of foreign direct investment (FDI) have created a power imbalance. China’s outsized influence in Nepal was most recently highlighted by overt Chinese involvement in a recent constitutional crisis that split the ruling Nepal Communist Party (NCP). A week after Prime Minister Khagda Prasad Sharma Oli dissolved the Parliament on December 20, a delegation led by Guo Yezhou, vice minister of the Chinese Communist Party (CCP) Internatio ....

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FDI in Nepal agriculture: 5 major points of the current controversy

Onlinekhabar
February 2, 2021
Comments
For the past month, a lot of stir has been going on regarding the foreign direct investment policies of Nepal. It has received so much backlash from various sides after the government welcomed foreign investment in agriculture among other sectors. Implications of foreign investment in agriculture are yet to be analysed fully, however, many hypothesise it is bad for a country that is still largely dependent on agriculture for its gross domestic product (GDP).
It is a topic of grave importance, yet, many are still unaware of what all the fuss is about. Here is what has happened so far that you need to know about: ....

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Nepal should allow FDI in agriculture

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Currently, the cultivation of some kinds of fruits like sweet oranges (junar) is being done along commercial lines, hence the juice market can be explored internationally. Unfortunately, due to the lack of processing facilities, most of the sweet oranges and oranges produced locally are going to waste. THE KATHMANDU POST
Nepal should allow FDI in agriculture
Thu, 28 January 2021
Nepal is now immersed in a new debate about whether she should allow foreign direct investment (FDI) in agriculture. The country’s farm sector faces chronic under-investment, under-production and a severe lag in mechanisation and modernisation.
For these reasons, Nepal must welcome all forms of investment in agriculture to lift it from the present state of subsistence farming and small-holding production practices. Nepal has been practising subsistence agriculture for centuries primarily due to land fragmentation, and this condition persists even till date. ....

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Nepal-based firms allowed to borrow loans from parent companies abroad - World News

2021-01-17 15:36:35 GMT2021-01-17 23:36:35(Beijing Time) Xinhua English
KATHMANDU, Jan. 17 (Xinhua) Companies in Nepal established with foreign investment will now be able to borrow loans from their parent companies abroad after the Nepal s central bank paved the way for such borrowing facility.
Considering foreign investors here may not get loans adequately from the Nepali banks and financial institutions and at the preferable interest rate, the Nepali central bank paved the way for them to receive loans from their own parent companies by issuing a notice last week.
In order to get loans from the parent companies, the companies here need to get approval from their concerned regulatory agencies and other relevant agencies that deal with the foreign investment in Nepal after completing necessary procedure as provisioned in the Foreign Investment and Technology Transfer Act, according to the notice. ....

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