AGP Executive Report
Last update: 12 minutes agoInvestment Climate: The government says draft amendments to 59 laws are ready ahead of an investment summit, aiming to improve investor protection and market certainty. Manufacturing and Trade: A WTO review says manufacturing contributes just 4.9% of GDP and 68% of merchandise exports go to India, underscoring Nepal’s weak production base and limited export reach. Energy: SJVN is seeking to speed up its 1,569-MW Arun-3 and Lower Arun hydropower projects, with land and forest clearances among the hurdles. LPG Sector: Gas companies say they are open to mergers if tax rules are adjusted; they also want a smaller commercial gas quota and time to introduce different cylinder sizes. Agriculture: Egg output in Dang has climbed to more than 2,500 cartons a day as farmers organise sales and reach markets beyond the district. Emerging Industries: The Supreme Court has directed the government to enable regulated cannabis cultivation for medicinal, scientific, agricultural and industrial uses. Connectivity: A test run for a planned Janakpur-Ayodhya train service signals a potential boost to cross-border tourism and trade.
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