BIPPA is an Agreement Between India And Nepal (Signed during Dr Baburam Bhattaris' India visit )  Which Seeks to  promote and protect investments from either country in the territory of the other country with a view

to increasing bilateral investment. The agreement requires each country to encourage and create favourable conditions for investors of the other country to make investments in its territory and to admit investments in accordance with its laws. Nepal will now have to treat Indian companies at par with the national ones. Article 6 of BIPPA has provisions for compensation to investors if their investments suffer losses owing to war, armed conflict and state of emergency. “Such investors shall be accorded treatment by the host country, no less than the treatment accorded to its own investors or investors of any third state. Any payment made under this Article shall be freely transferable,” states the agreement.

 

Now, except for public interest, nationalisation or expropriation of investments cannot take place. Article 5 of the agreement says that investments of either contracting party will not be expropriated, nationalised or subjected to measures having effect equivalent to nationalisation or expropriation in the territory of the other contracting party except in public interests.

 

The agreement also provides an elaborate dispute resolution mechanism to help settle disputes between investor and the host government as well as between the two governments. The mechanism includes resources to negotiations, conciliation and international arbitration. If the dispute goes to arbitration, there will be an arbitration tribunal consisting of three arbitrators, one each from two countries and the chairman who will be a national of a third state that has diplomatic relations with both the governments. The agreement that will remain in force for a period of 10 years will not be applicable to any dispute related to investment that has already arisen before this agreement was signed or on the claims that have already been settled.

 

Nepal has signed BIPPA with France, Germany, Britain, Mauritius, Qatar and Finland, countries that do not have significant investments in Nepal.

 Desh Drohi move ho yo. First, make an environment to invest in any sort of business in your own country. Euta business garna thalyo bhane maobadi kukur haru aayera chandaa aatanka, hatya, hinsa suru garchhan, Baburam bhanne nautanki chai k k na garchhu bhanera bideshi lai samet safety (kinda insurance) provide garera desh ko dhukuti rittyaune khel ho yo. baburam chor k k na janne chhu bhanne socheko chha, but it will cost a country a lot (at least for country like us, developed coutry ko lagi ramro policy ho). India will certainly benefit from it. 

Any kind of investment is good for Nepal and Nepali, be it Indian or any other country men. Currently the investment environment is rigged with uncertainty and I am happy to see the initiative to promote investment. I would like to see more business initiative, initiated by the government.

 Collegefoot, terrima kuhiyeko farsi. Dabur Limited left the coutry. Surya Tobaco is stopping its production. All because of the unrest. Do you have any idea how much tax they paid? Do you have any idea how many jobs they created? You say any sort of business. To cover all sort of business, you need to start with one first. This is definitely a step in the right direction. Why is it so hard for you to acknowledge a good thing? Janmida ulto janmethis ho? Talai mandale.