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    <title>The Union Minister of Finance, Shri Arun Jaitley, shared India’s experience in reforming its economy and attracting foreign direct investment (FDI) at the Nepal Investment Summit 2017 held at Kathmandu on 2-3 March, 2017</title>
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    <description>India urged creating a conducive legal and regulatory framework to attract Indian FDI into priority sectors-hydropower, transmission, transport, health, education, tourism and irrigation-linking expanded export oriented investment to reducing Nepal&#039;s trade deficit. The statement commits Indian support for major infrastructure through soft loans and cooperation, highlights land acquisition and forest land issues as key project delays needing resolution, and stresses timely completion of power projects to enable electricity exports via expanding transmission capacity.</description>
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