Prime Minister KP Sharma Oli has said that Nepal was moving towards stability in terms of politics and policies, which could attract more and more foreign investors.
While speaking as a panelist in World Economic Forum’s session titled ‘Strategic Outlook on South Asia’ in Davos of Switzerland on Tuesday, Prime Minister Oli said Nepal now has clear and stable policies and is giving priority to the public as well as the private sector to create more job opportunities to the young people.
According to Prime Minister Oli, Nepal is trying to attract investments from outside in the productive sector to increase productions and create more jobs. The Prime Minister was of the view that Nepal would be one of the fastest growing economies in the world in the near future.
The Prime Minister said that Nepal’s railway and other connectivity to India and China are on the progress. “We are trying our best to develop understanding between the member states in the region. Trust is important to enhance regional cooperation,” the PM said. Nepal is developing friendly ties with its neighbors and focusing whole efforts to socio-economic transformation.
Likewise, Prime Minister Oli said Nepal is giving due consideration to environmental conservation. “60 per cent of our land is devoted to climate conservation including 15 per cent with mountains and 45 per cent with forests. We are for responsible and sustainable development,” the Prime Minister said in a question concerning climate change.
We are concentrating all our efforts for the lives of the people and, for the earth and the people, the PM said in regards to sustainable development. “Our motto is prosperous Nepal and Happy Nepalis, and we are concentrating all our efforts in order to realizing this national desire,” he said.
On a different note, Prime Minister Oli said, “We are also speeding up our collaboration with neighbours India, China and Bangladesh, doing due agreements and implementing them, and making due policies internally to achieve the goal of speedy development, control corruption and provide services to the people.”
As the chair of the SAARC, Prime Minister Oli said, Nepal is trying to increase cooperation among SAARC member countries and also hold the SAARC summit in the near future with development of all-round ties between the members in the region.
Prime Minister Oli was joined in the session as co-panelists by Chief Executive of Afghanistan Abdullah Abdullah, former governor of India’s Central Reserve Bank Prof Raghuram G. Rajan and President and CEO of Telenor Group, Norway Sigve Brekke.
Foreign Minister Pradip Gyawali was also present in the session.
