Asia and Oceania

Nepal
Last reviewed: 09 September 2009

Country information

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Trade and investment

Traditionally Nepal looks South and East rather than West for her suppliers. India provides almost two thirds of Nepal's imports. Bilateral trade with the UK is modest: UK exports to Nepal are less than £8m a year and include transport equipment (e.g. aircraft parts) and special industrial machinery. The main Nepalese exports to the UK are clothing and textile fabrics. The United Kingdom is the third largest foreign investor in Nepal. Bilateral Chambers of Commerce have been established, in the UK in January 1995 and in Nepal in December 1995, to promote bilateral trade.

In September 2008, the Embassy of Nepal in London, together with the Britain-Nepal Chamber of Commerce, hosted the first fair aimed at promoting investment, trade and tourism. This event attracted a large number of visitors and brought together participants with the shared objective of creating a sustainable peace and a prosperous Nepal.