Misu Trading Information

Nepal , officially the Federal Democratic Republic of Nepal, is a country located in South Asia. With an area of 147,181 square kilometres (56,827 sq mi) and a population of approximately 27 million, Nepal is the worlds 93rd largest country by area and the 41st most populous country. It is a landlocked country located along the Himalayas and bordered to the north by China and to the south, east, and west by India. Nepal is separated from Bangladesh by the narrow Indian Siliguri Corridor and from Bhutan by the Indian state of Sikkim. Kathmandu is the nations capital city and largest metropolis. The mountainous north of Nepal has eight of the worlds ten tallest mountains, including the highest point on Earth, Mount Everest (Nepali: Sagarmth). More than 250 peaks over 20,000 ft (6,096 m) above sea level are located in Nepal. The southern Terai region is fertile and humid. Hinduism is practiced by about 81.3% of Nepalis, the highest percentage of any country. Buddhism is linked historically with Nepal and is practiced by 9% of its people, followed by Islam at 4.4%, Kiratism 3.1%, Christianity 1.4%, and animism 0.4%. A large portion of the population, especially in the hill region, may identify themselves as both Hindu and Buddhist, which can be attributed to the syncretic nature of both faiths in Nepal. A monarchy throughout most of its history, Nepal was ruled by the Shah dynasty of kings from 1768when Prithvi Narayan Shah unified its many small kingdomsuntil 2008. A decade-long Civil War involving the Communist Party of Nepal (Maoist), followed by weeks of mass protests by all major political parties, led to the 12-point agreement of 22 November 2005. The ensuing elections for the 1st Nepali Constituent Assembly on 28 May 2008 overwhelmingly favored the abolition of the monarchy and the establishment of a federal multiparty representative democratic republic. Despite continuing political challenges, this framework remained in place, with the 2nd Nepali Constituent Assembly elected in 2013 in an effort to create ...