ISDS Case Map
Nepal
Bangladesh and Nepal have agreed to sign a Free Trade Agreement to enhance trade between the two countries.
The ICSID has issued an interim order preventing Nepal’s government from collecting capital gains tax on Axiata’s acquisition of Ncell.
The ICSID had issued an interim order directing the government not to take any steps to enforce its decision to collect the outstanding capital gains tax.
A US-based international court issues interim order directing the Nepal government not to impose capital gains tax on Ncell buyout deal for the time being.
Axiata UK may be required to exhaust local remedies before resorting to arbitration under the UK-Nepal investment treaty
Axiata Group’s UK subsidiary and Nepal mobile unit filed a request for arbitration with the International Centre for the Settlement of Investment Disputes, regarding a capital gains tax bill levied by Nepali authorities.
The United States engaged with Nepal to identify ways to increase intellectual property protections and facilitate foreign investment, as well as greater market access and reform in Nepal’s agricultural sector.
Nepalese Prime Minister KP Oli's visit this time to Beijing is being looked at as a careful balancing act to maintain ties with both India and China.
Bangladesh and Nepal have agreed to examine existing tariffs and remove non-tariff barriers and para-tariff measures to reverse the very low level of bilateral trade.
The bilateral meeting will focus on looking for ways to expand production of the 66 products to which the US has been providing duty-free access through the Trade Preferences Act (TPA).
