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Nepal invites more Indian investments

KATHMANDU, AUG. 15. Nepal Prime Minister Sher Bahadur Deuba has invited India to invest in his country and help the Himalayan Kingdom in harnessing its natural resources.

In a message on India's 58th Independence Day, Mr. Deuba said, ``we eagerly look for Indian investment in Nepal in harnessing our natural resources, developing basic infrastructure and strengthening and widening the industrial base.''

The vast scope for expansion and consolidation of economic and commercial ties between the two countries needs to be fully realised to the mutual benefit, he said.

The impressive progress of India in various fields particularly in human resources development, science and technology has been well recognised beyond the region and ``We in Nepal highly acclaim these exemplary achievements and wish India to continue with the trend of progress and prosperity,'' he added. — UNI

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