Nepal Economic Term Paper

Nepal Economic Term Paper-16
About one-third of Nepal’s total area is forested; most of this area is state-owned.In spite of overcutting and poor management, timber represents one of the country’s most valuable resources and is a major source of potential revenue.In the mid-mountain region the potential for increasing production is limited.

About one-third of Nepal’s total area is forested; most of this area is state-owned.In spite of overcutting and poor management, timber represents one of the country’s most valuable resources and is a major source of potential revenue.In the mid-mountain region the potential for increasing production is limited.

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Because of the lack of adequate transportation, surplus food grain from the Tarai does not move north into the food deficit areas of the mid-mountain region.

Sugar factories are located in Birātnagar, Birganj, and Bhairahawā.

There are a sawmill and a meat-processing plant in Hitaura and a number of rice and oil mills in the Tarai.

Attempts have been made to diversify trade through agreements with such countries as Japan, South Korea, Pakistan, the United States, Germany, Poland, and China.

The state trading agency, National Trading Limited, has expanded its activities by fostering the development of commercial entrepreneurial activity.

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