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Nepal profile

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(Last updated: 27 Apr 2009)


Current business situation

The Department of Foreign Affairs and Trade (DFAT) provides advice for business travellers and tourists going to Nepal. This is regularly updated, and should be checked before planning travel.

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Country facts

Capital city: Kathmandu
Surface area: 147,000 sq km
Population: 27.9 million
Official language(s): Nepalese
Head of State: President HE The Rt Hon Dr Ram Baran Yadav
Head of Government: Prime Minister The Hon Mr Madhav Kumar Nepal
Australian exports to Nepal: A$43 million
Australian imports from Nepal: A$6 million
Nepal's principal export destinations: India, USA, Bangladesh
Nepal's principal import sources: India, China, Singapore
(Source: Department of Foreign Affairs and Trade - Country economic fact sheet)
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Economic climate

For the latest key economic indicators and statistics, please see the Department of Foreign Affairs and Trade country economic fact sheet.
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Political climate

The existing political structure is a constitutional monarchy with a bicameral legislature reappointed by the King on 24 April 2006. The House of Representatives has 205 members and a National Council with 10 members appointed by the King and 50 members indirectly elected by the House (35) and an electoral college (15).

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Trade relations and statistics

Please see the Department of Foreign Affairs and Trade country economic fact sheet for key trade statistics.

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OECD Guidelines for Multinational Enterprises

Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government. For more information, go to the ANCP website.

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Disclaimer

Austrade makes no warranty, express or implied as to the fitness for a particular purpose, or assumes any legal liability for the accuracy or usefulness of any information contained in this document. Any consequential loss or damage suffered as a result of reliance on this information is the sole responsibility of the user.