Posted by: JavaBeans April 13, 2011
Login in to Rate this Post:
0 
? 
?
Nepali govt is lucky to have NRNs willing to participate in ventures that will be of mutual benefit. That was the purpose of the issuance of NRN ID card but has not yet come into fruition because it is pretty much useless - it is too expensive, restricted, and the terms & conditions are inundated with grey areas - not to mention govt's lack of implementation and the knowledge of the law at the local level.
That said, the proposal of dual citizenship is to get rid of all that froth and uphold transparency with entitlements for both the govt and the NRNs. There are numerous research already done by respected universities and organizations on the benefits of dual citizenship - countries rich and poor all allow them not only for the benefit of their ex-pats but also because it overwhelmingly benefits the issuing country.
As soon as govt officials realize that foreign sector investments are initially led by ex-pats and bringing with them their connections for even more possible investments - they will forever stay economically poor - the thinking that we don't want to give NRNs dual citizenship because they will sell and run is absolutely absurd and unsupported - nor does it have any foundation for opening the doors to a wider audience of investors outside of NRN. Foreign corporations will not come running unless they see opportunity - sorry, but that's capitalism and the govt just don't have the willingness to learn new skills to partake in these kinds of projects.
Politicians do not realize that providing an opportunity and encouraging NRNs to invest in their former country by issuing dual citizenship can only help build the tiny agriculture based economy into an array of goods and services - imagine the knowledge capital of all those NRNs work in the industry and universities and are free to travel back and forth while *possibly* seeking investment opportunities - but in no way it will guarantee that they will all come rushing in. Without this means of freedom, some NRNs have left Nepal permanently never to return - some who have ties are finding ways to end it - and some who are still there are trying to get out - remittance may be in danger.
Nepali govt needs to get their head out of the sand and stop being bitter - there are other ways to wealth than to have garnished wealth through corruption, greed and money laundering.
That said, the proposal of dual citizenship is to get rid of all that froth and uphold transparency with entitlements for both the govt and the NRNs. There are numerous research already done by respected universities and organizations on the benefits of dual citizenship - countries rich and poor all allow them not only for the benefit of their ex-pats but also because it overwhelmingly benefits the issuing country.
As soon as govt officials realize that foreign sector investments are initially led by ex-pats and bringing with them their connections for even more possible investments - they will forever stay economically poor - the thinking that we don't want to give NRNs dual citizenship because they will sell and run is absolutely absurd and unsupported - nor does it have any foundation for opening the doors to a wider audience of investors outside of NRN. Foreign corporations will not come running unless they see opportunity - sorry, but that's capitalism and the govt just don't have the willingness to learn new skills to partake in these kinds of projects.
Politicians do not realize that providing an opportunity and encouraging NRNs to invest in their former country by issuing dual citizenship can only help build the tiny agriculture based economy into an array of goods and services - imagine the knowledge capital of all those NRNs work in the industry and universities and are free to travel back and forth while *possibly* seeking investment opportunities - but in no way it will guarantee that they will all come rushing in. Without this means of freedom, some NRNs have left Nepal permanently never to return - some who have ties are finding ways to end it - and some who are still there are trying to get out - remittance may be in danger.
Nepali govt needs to get their head out of the sand and stop being bitter - there are other ways to wealth than to have garnished wealth through corruption, greed and money laundering.