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Dec30
Nepalese Exporters Worried about Insecurity

Nepal is a tough place to do business. Political conflict is a part of everyday life for the people in this country. Now, exporters are facing a number of problems. The value of US dollar has decreased significantly in the last 18 months. This is hurting Nepalese exporters. However, more than everything, insecurity is hurting them a lot. There is fear of labor unrest.

The businessmen are afraid of getting abducted. They are also afraid of their offices and factories getting attacked and looted. They are also worried about the safety of their workers. Needless to say that it is only hurting Nepalese export.

It seems that Nepalese government is doing little to remove the worry of the exporters. Well, it is an interim government and they are helpless too.

 

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2 Comments/Trackbacks




Nepal has seen the end of a decade long political conflict last year. So, the new year has come with a array of hopes among the Nepalese. However, this year Nepal need to make a sustainable platform for its political sector. The recent drop of Nepalese rupee against U.S. dollar shows their fragile economy, but Nepal has huge potential in the tourism sector. So, if they can maintain stability in their politic then it will bring a huge success for the economy of Nepal.

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