Posted by: sidster March 22, 2009
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According to 1950 treaty no foreigner is allowed to invest or do business near certain kilometers of Indian border to Nepal. Not sure about the exact distance.
Also, Nepal government requires a "go ahead " from India to let any foreign country beside India to get involved in any kind of development project in Nepal. This is what the treaty holds..please feel free to correct me if i am wrong here.
Nepal is a small country, with PEACE, Hydro electricity potential, tourism, Religion ( commercialization for Buddhism and Hinduism, identifying Nepal as Mecca and Vatican City for Muslims and Christian), Herbs, Foreign employment managed correctly, its should not take long for Nepal to prosper and by prosperity i dont mean becoming SINGAPORE immediately, by that i mean prosper enough as in Nepal can create an environment for every Nepalese who wants to make RS 12000 and up can find work.
India knows this and it would be shameful for them to see Nepal prosper because India is a bigger mess and just cannot be fixed so easily. India has developed so much in last 25 years but the number of 300 million poor people has not moved down at all. The number of poor people is almost the same even after 25 years of growth.
India is going to use Nepal per 1950 treaty or a new treaty not very different from the old one. So its virtually impossible for us to use china card against india. All we can do is irritate india and thats all we can do.
Also, Nepal government requires a "go ahead " from India to let any foreign country beside India to get involved in any kind of development project in Nepal. This is what the treaty holds..please feel free to correct me if i am wrong here.
Nepal is a small country, with PEACE, Hydro electricity potential, tourism, Religion ( commercialization for Buddhism and Hinduism, identifying Nepal as Mecca and Vatican City for Muslims and Christian), Herbs, Foreign employment managed correctly, its should not take long for Nepal to prosper and by prosperity i dont mean becoming SINGAPORE immediately, by that i mean prosper enough as in Nepal can create an environment for every Nepalese who wants to make RS 12000 and up can find work.
India knows this and it would be shameful for them to see Nepal prosper because India is a bigger mess and just cannot be fixed so easily. India has developed so much in last 25 years but the number of 300 million poor people has not moved down at all. The number of poor people is almost the same even after 25 years of growth.
India is going to use Nepal per 1950 treaty or a new treaty not very different from the old one. So its virtually impossible for us to use china card against india. All we can do is irritate india and thats all we can do.