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Nepal

Fragile Ties

The Indo-China relationship embodies a rich tapestry of ancient ties entwined with modern complexities. While historically interconnected, recent decades have been marred by territorial disputes, particularly along the Line of Actual Control (LAC).

FATF may ‘greylist’ Nepal for money laundering, terror financing

Nepal is at real risk of being put on the greylist by the Financial Action Task Force (FATF) as there are deficiencies in both its legislation and enforcement of laws related to money laundering and terror financing, writes Prithvi Man Shrestha in The Kathmandu Post.

Nepal bans import of medicines from 16 Indian companies

Publication of the list by the department, the national regulatory body of the drugs markets, both allopathic and ayurveda, means that medicines manufactured by those companies cannot be imported to Nepal, according to the Kathmandu Post daily.