Why Nepal’s economic diplomacy underperforms

Policy and strategy alone do not work when action is too little and too late.

Foreign policy bridges the aspirations of domestic policy and the rest of the world. In doing so, it seeks support from the world to fulfil domestic policies. Economic diplomacy is therefore closely associated with a nation’s objective of achieving prosperity. In this direction, Nepal’s foreign policy aims, unequivocally stated, to contribute to the country’s social and economic transformation through economic diplomacy.