Business 1

Letters

Article on Economic Diplomacy nice but inadequate

The cover story "Economic Diplomacy Junkets" in your March issue was a nice effort towards pointing out the loopholes of the concerned authorities in the Government but not very hard hitting in the sense that it failed to effectively suggest remedies. The insight and in-depth inputs provided by the concerned authorities like officials from the ministry of foreign affairs and from the finance ministry would have added extra flavor to it. Therefore, the story was more critical but, again, failed to give solutions to the pointed problems.

Besides, the most attractive feature of Business age is the "Recent Launches" not just because of its glossy looks but due to the information provided by it to cater the need of consumers who are at look out for recent products. It is indeed a nice attempt towards keeping your readers updated with the new products in the market. It would be more effective if you give the addresses of the company which has launched the product.

Business Age brings out the monthly stock exchange situation but it would be better if you can provide a separate column compiling all the details of the market, including companies that are excelling and those, which are plunging. The only fault of the magazine lies in the fact that it can be read for general reading but not for serious consulting. Thus, what I feel is that the articles should be more informative (keeping business in mind) and mature. And if you can incorporate these aspects, there will be no speed breaker in the success path of Business Age.

Neetu Kayal
New Baneshwor, Kathmandu.

Being successful in Begging Really means success to Nepal?

I am totally disagreed with Finance minister Dr Ram Sharan Mahat (B.A. March 2002) with his remark that corruption in Nepal has been exaggerated. But I can vehemently announce that it is still not enough as many corruption cases has been still hidden. He even went on hyping that NDG meeting as a very successful event successful in sense of donors support to our "programs and policies." As a student of S.L.C., level I want to question Dr Mahat that being successful in begging really means the success to Nepal. As a citizen of poor among the poorest countries. I ask, thought I don’t deserve, to all the ruling elite including finance minister why they are indulging in tug of war to beg foreign aid instead of mobilizing the internal resources. If they are not capacitated to make Nepal a self-sustainable country, and want to project Nepal as the "champion beggar" in the global scenario than they have not rights to govern the country.

Shreejal Dhungana
(Bhanu Bhakta higher Secondary School Panipokhari, Maharajgunj)

About Corporate Law

This is to refer the Corporate Law entitled "patent rights on WTO perspectives" (BA, March, 2002). The article was quite up to date since the patent right is much controversial issue raised by least Developed countries (LCDS) under which the whole polity of World Trade Organization (WTO) reels around.

Moreover, the membership of WTO entitles a country to abide by inescapable obligations, and the patent right enshrined in Trade Related Intellectual Property Rights (IRIPS) agreement is one of them. Nepal is also doing necessary homework in formulating comprehensive law about the biodiversity wealth so as to better prepare itself for agro patens right. It is also said to trying to forge LCD’s consensus in this regard.

Rudra Sharma’s article has, of course, tried to project each and every aspects of patent right inspite of size constraints. I am intensely waiting for such kind of though provoking issue which carries global concern.

Abhinav Parajuli
Via e-mail