Kathmandu, Apr. 21
Finance Minister Dr. Swarnim Wagle and United States Assistant Secretary of
State S. Paul Kapur held a courtesy meeting at the Ministry of Finance (MoF) in
Singhadurbar on Tuesday.
According to the MoF, During the meeting, the two leaders discussed potential
areas of partnership between the governments of two countries following the
recent elections, as well as on investment promotion and bilateral cooperation.
Finance Minister Dr. Wagle updated Assistant Secretary Kapur that the
government’s main priorities are good governance, economic reform and the
development of quality physical infrastructure. He also stated that creating an
improved investment climate through the repeal of outdated laws and the
introduction of new legislation is a key priority.
"He noted that investment is expected from American and Non-Resident
Nepali investors, particularly in the sectors of tourism, clean energy and
information technology," read a statement from the Finance Ministry.
Likewise, Assistant Secretary Kapur stressed on strengthening the
longstanding relationship between Nepal and the USA.
"He said the reform programmes undertaken by the current government
are being closely and positively observed by the US administration and the
American public," read the statement.
He also highlighted that both countries can benefit through successful
trade relations and partnerships with institutions such as the US International
Development Finance Corporation.
Finance Secretary Dr. Ghanshyam Upadhyay, officials from the MoF and the
Ministry of Foreign Affairs, Acting US Ambassador to Nepal Scott Urbom, and
other officials from the US Embassy were present on the occasion.
Published in The Rising Nepal daily on 22 April 2026.
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