nepal between india and china

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Opportunities and Threats in terms of Economic Growth and Development Presented by: Prajwal Shrestha MBA II ‘A’ Roll No: 18 Faculty: Ms. Tejaswi Sharma 6/22/22

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Page 1: Nepal between india and china

Opportunities and Threats in terms of Economic Growth and Development

Presented by:Prajwal ShresthaMBA II ‘A’Roll No: 18

Faculty:Ms. Tejaswi Sharma

Tuesday, April 11, 2023

Page 2: Nepal between india and china

Contents

Nepal’s Geographical Position. Nepal-India Relationship: An Overview Nepal-China Relationship: An Overview Indian Economy: A Glance Chinese Economy: A Glance Nepal’s situation Opportunities Threats What can be done?

Prepared by: Prajwal Shrestha

Page 3: Nepal between india and china

Nepal’s Position

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Page 4: Nepal between india and china

Nepal-India Relationship: An Overview

Ancient and close. Common ethnic, linguistic and cultural identities. 1950 Indo-Nepal Treaty of Peace and Friendship. Open boarder.

Prepared by: Prajwal Shrestha

Page 5: Nepal between india and china

Nepal-China Relationship: An Overview

Old relationship history. Established diplomatic relations in 1955.

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Page 6: Nepal between india and china

Indian Economy: A Glance10th largest in the world by nominal GDP. Adopted liberalization policy in 1991.

Page 7: Nepal between india and china

Chinese Economy: A Glance

 World’s second largest economy. Largest exporter and second largest importer.

Page 8: Nepal between india and china

GDP increase, 1990–1998 and 1990–2006, in major countries

Page 9: Nepal between india and china

Nepal’s situation

Poorer and least developed.Political unrest.

Remittance based economy.

Dependence on agriculture.

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Opportunities Transit between India and China.

Potential benefits to Nepal when playing a role of transit point:• Fees of various types to government.• Setting up service centers, tea shops, hotels along the

road creating employment.• Nepali people will learn new business.• Exporters-Importers start to compare Nepal with other

countries in terms of export-import ease.• Proximity with India-China will grow and this will

enhance Nepal’s goodwill with both the countries.Prepared by: Prajwal Shrestha

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Cont…..

• Earned about SAR62bn (US$16.5bn)(NRS 14.26 Trillion) from the annual pilgrimage rituals of Hajj in 2012.

• Accounts for about 3 percent of the kingdom’s gross domestic product.

Religious Tourism( competitive advantage)An example of Saudi Arabia.

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Nepal has more…..

Attract Chinese Attract Indians

For Buddhist For Hindus

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Buddhists in China

•  Chinese Buddhists at a growing 18% to 20% of the total population, or around 300 million people, thus making China the country with the most Buddhist adherents in the world.

Hindus in India

• 80.5% of total population around 827 million people, thus making India the country with the most Hindu adherents in the world.

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Threats

• Rivalry between India and China.• Open border with India• Activities of free Tibet Activist.

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Page 15: Nepal between india and china

What can be done? Economic (Development) Diplomacy. Relationship of Trust and Confidence with India

and China.

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Lastly

The best interest of Nepal is in nurturing a relationship of trust and confidence with both India and China. Rising China, Shining India and changing Nepal create new opportunities for all sides to strengthen the age old friendship for the benefit of the people of all three countries in the days to come.

Prepared by: Prajwal Shrestha

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Prepared by: Prajwal Shrestha