Nepali Times
Domestic Brief
Nordic jaunt


Why is Sweden so disinterested in Nepal? Swedish aid to Nepal has dropped dramatically in the past few years, and it is the Nordic country with the lowest contribution to Nepal's development. Is it a failure of our economic diplomacy, or have the Swedes given up on Nepal? Foreign Minister Chakra Prasad Bastola is planning to get it straight from the horse's mouth when heswings through Stockholm this week. Bastola then goes on to Norway, which unlike Sweden, remains fully engaged in Nepal. This will be a thank-you visit to Norway, which is the third largest investor in Nepal after India and the United States. Norway's Statkraft has invested in the Khimti project . Sweden, the largest of the Nordic economies, gave Nepal only $1.1 million in 1998, while Denmark and Norway provided $22.9 million and $8.8 million respectively.


LATEST ISSUE
638
(11 JAN 2013 - 17 JAN 2013)


ADVERTISEMENT



himalkhabar.com            

NEPALI TIMES IS A PUBLICATION OF HIMALMEDIA PRIVATE LIMITED | ABOUT US | ADVERTISE | SUBSCRIPTION | PRIVACY POLICY | TERMS OF USE | CONTACT