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On January 1, 2021, the Government of Nepal’s (GON) Ministry of Industry, Commerce and Supplies (MOICS) applied a provision in the Foreign Investment and Technology Transfer Act 2019...
South Asia, which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, accounts for 24 percent of the world’s population, with 1.84 billion people in 2019.
In recent years, India’s exports have demonstrated phenomenal growth – especially to developing countries, which now account for nearly 80 percent of Indian exports.