Doing Business in Nepal

Subject (Course): International Trade and Business in Nepal - Kathmandu. Syllabus:

1. Introduction to the Federal Democratic Republic of Nepal
2. Nepalese economy
3. The main sectors of the economy
4. Doing Business in Kathmandu
5. Foreign Trade of Nepal
6. Foreign Direct Investment (FDI) in Nepal
7. Case Study:
   1. Jyoti Group
   2. Kedia Organisation
8. Access to the Nepalese market
9. Business Plan for Nepal

Objectives of the subject "Doing Business in the Federal Democratic Republic of Nepal":

1. To analyze the Nepalese economy and foreign trade
2. To evaluate business opportunities in the Federal Democratic Republic of Nepal
3. To explore Nepal's trade relations with the student's country
4. To know Nepal's Free Trade Agreements
5. To examine the profile of Nepalese companies
6. To develop a business plan for the Nepalese market

Sample of the subject - Jyoti Group (Nepal)

Subject Description - Business in Nepal:

The Federal Democratic Republic of Nepal.

1. Frontiers of Nepal: India and China
2. Landlocked country
3. Capital: Kathmandu
4. Area: 147.181 km²
5. Nepalese Population: 26.49 millions of people (74% works in the agriculture sector)
6. The official language of Nepal is Nepali.
7. English is used in business
8. The main religion of Nepal: Hinduism, the second-largest is Buddhism (Mahayana).
9. Lord Buddha was born in Nepal
10. Nepal belongs to the Hindu Civilization/Buddhist civilization
11. Abolition of slavery in Nepal: 1926

Nepalese Economy.

1. Deep economic and cultural ties with India
2. Strong economic reforms and liberalization: financial system, FDI
3. The main business opportunities in tourism, agriculture, hydropower, infrastructure, mining, and IT
4. The main Nepalese economic activity: agriculture (33% of GDP)
5. The main crops: rice and wheat
6. Open to FDI in near all sectors of the Nepalese economy
7. Nepal Investment Board is the official body
8. Special Economic Zone
9. Top Nepalese sectors attracting FDI: energy, services, manufacturing, tourism, construction agriculture, and minerals
10. The main investors: China, India, the USA, South Korea, and Japan
11. Nearest Port of Nepal: Calcutta (India), Chittagong, and Mangola (Bangladesh)
12. Top export products of Nepal: Hand Knotted Woolen Carpet of Nepal, Readymade garments, Pashmina Products, Handicraft, and Leather Goods

Nepal's Market Access and Free Trade Agreements (FTA).

1. Bay of Bengal Initiative (BIMSTEC)
2. South Asian Association for Regional Cooperation (SAARC)
3. South Asian Free Trade Area (SAFTA)
4. Double Taxation Avoidance Agreement and FDI agreement between India and Nepal
5. Bangladesh-Nepal Trade, Payments, and Transit Agreement
6. Generalized System of Preferences (European Union)

Nepal is a member of:

1. Asian Clearing Union (ACU)
2. South Asia Subregional Economic Cooperation (SASEC)
3. Nepal is eligible for the European Investment Bank
4. Asia-Middle East Dialogue (AMED)
5. Asian Development Bank
6. Boao Forum for Asia
7. World Customs Organization (WCO)
8. Economic and Social Commission for Asia and the Pacific (ESCAP)
9. Colombo Plan
10. International Monetary Fund (IMF)
11. United Nations (UN)
12. World Trade Organization (WTO)
13. World Bank (WB)