Prime Minister’s request to the Swiss Ambassador to help by increasing foreign investment in Nepal

Kathmandu. Prime Minister KP Sharma Oli has requested the Swiss government to help bring in more direct foreign investors for the economic development and prosperity of Nepal.
Prime Minister Oli said that foreign aid will be a catalyst for the development of Nepal with the Ambassador of Switzerland to Nepal, Daniel Meulli Montelone, who came to the Prime Minister’s residence, Baluwatar, today for a courtesy call.

He mentioned that the practice of Switzerland has been established for the development of an inclusive democratic structure and said that Nepal government is trying to strengthen democracy and make the state structure accountable to the people at the ground level.
Prime Minister Oli expressed the government’s commitment to take necessary corrective actions to increase foreign direct investment and mentioned that there was enthusiastic participation from 50 countries in the recently concluded Nepal Investment Conference. As Nepal aims to be upgraded from an underdeveloped country by 2026 and to become a middle-income country by 2030, he expressed the expectation of increased cooperation from development partners.
Prime Minister Oli thanked the government of Switzerland for its continuous support in Nepal’s development, support in the prevention of Covid-19, and cooperation and harmony in the peace process. Prime Minister Oli recalled the visit of President Ramchandra Paudel to Switzerland last July and his participation in the World Economic Forum held in Davos in 2019 when he was the Prime Minister and said that such high-level visits and exchange of meetings will add a new dimension to mutual relations.

Ambassador Daniel congratulated and wished Prime Minister Oli for the success of his tenure and assured him of continuing bilateral mutual benefit and cooperation. Prime Minister Oli’s Chief Private Secretary Rajesh Bajracharya, officials of the Ministry of Foreign Affairs participated in the meeting.