Xinhua - English | Nepalese FM criticizes Western media's untrue report about Nepal

www.chinaview.cn 2005-08-17 23:47:00

BEIJING, Aug. 17 (Xinhuanet) -- Nepalese Foreign Minister Ramesh Nath Pandey here Wednesday criticized some Western media's untrue report about Nepal, saying it has done harm to Nepal's investment environment.

Pandey made the remarks in his meeting with some Chinese entrepreneurs.He said the untrue report caused worry among potential investors about Nepal's business environment and security.

The fact is, Nepal has great potential for business, he said. Chinese companies can invest in Nepal's water and electricity resources, which can not only meet Nepal's domestic demands but also be exported to countries such as India and Bangladesh.

Besides, Nepal is rich in tourism resources, Pandey said, adding that his government welcomes both Chinese tourists and explorers of tourism resources.

He said that two air routes have been set up between Nepal and China, namely the one between Katmandu, capital of Nepal, and Shanghai, and the other one between Katmandu and Lhasa. He hopes the two countries will open more air routes between Katmandu and other Chinese cities at an early date, so as to promote bilateral cooperation in politics, economy and other fields.

"The Nepalese government will exert efforts to improve investment environment and protect Chinese businessmen's interestsin Nepal." Pandey said.

Pandey arrived here Sunday for an official visit as guest of Chinese Foreign Minister Li Zhaoxing. Enditem">Xinhua - English: "Nepalese FM criticizes Western media's untrue report about Nepal
www.chinaview.cn 2005-08-17 23:47:00

BEIJING, Aug. 17 (Xinhuanet) -- Nepalese Foreign Minister Ramesh Nath Pandey here Wednesday criticized some Western media's untrue report about Nepal, saying it has done harm to Nepal's investment environment.

Pandey made the remarks in his meeting with some Chinese entrepreneurs.He said the untrue report caused worry among potential investors about Nepal's business environment and security.

The fact is, Nepal has great potential for business, he said. Chinese companies can invest in Nepal's water and electricity resources, which can not only meet Nepal's domestic demands but also be exported to countries such as India and Bangladesh.

Besides, Nepal is rich in tourism resources, Pandey said, adding that his government welcomes both Chinese tourists and explorers of tourism resources.

He said that two air routes have been set up between Nepal and China, namely the one between Katmandu, capital of Nepal, and Shanghai, and the other one between Katmandu and Lhasa. He hopes the two countries will open more air routes between Katmandu and other Chinese cities at an early date, so as to promote bilateral cooperation in politics, economy and other fields.

'The Nepalese government will exert efforts to improve investment environment and protect Chinese businessmen's interestsin Nepal.' Pandey said.

Pandey arrived here Sunday for an official visit as guest of Chinese Foreign Minister Li Zhaoxing. Enditem" Sphere: Related Content