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Nepal’s prime minister notes untapped potential of economic partnership with Russia

The country considers it necessary to attract direct foreign investments, for doing which it is trying to create favorable atmosphere for them and remove obstacles for investors and economic development, Pushpa Kamal Dahal noted

KATHMANDU, November 30. /TASS/. The potential of economic partnership between Russia and Nepal has huge prospects and it has not been fully tapped yet, Nepalese Prime Minister Pushpa Kamal Dahal said in an exclusive interview with TASS.

"We don’t have any problem with Russia. But we have very much concern about the untapped potential of economic cooperation and transport connectivity. We have very much concern about it. I had an opportunity to discuss it with [Russian] Ambassador [to Nepal Aleksey Novikov] and we discussed how to create the atmosphere of economic cooperation and connectivity," he said.

The country considers it necessary to attract direct foreign investments, for doing which it is trying to create favorable atmosphere for them and remove obstacles for investors and economic development, the prime minister added.

Nepal’s incumbent prime minister is one of the most prominent political figures in South Asia. As secretary general of the Unified Communist Party of Nepal (Maoist) and revolutionary commander in the Himalayan nation’s 1996-2006 civil war, he was engaged in underground fighting under the nom de guerre Comrade Prachanda (meaning "fierce"). After the fall of the Nepalese monarchy in 2008, Prachanda served as prime minister from August 2008 to May 2009 and again from August 2016 to May 2017, assuming the office for the third time on December 26, 2022.

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