Nepal is one of the least developed South Asian countries. It’s a landlocked country situated between two Asian giants India and China. Naturally, Nepal feels pressure and tries to maintain a balanced geopolitical relationship with India and China. Nepalese economy mostly depends on India when it comes to foreign trade.    Recently, like many other countries in Asia, Nepal’s foreign reserves have been declining gradually. It’s alarming for the economy because Nepal is an import oriented country. In this fiscal year, its trade deficit amounted to Rs. 1720.41 billion, which exceeded their budget of Rs. 1564 billion. Government is now trying to put restrictions on importing luxury goods. But It’s important for them to import essential goods like petroleum, food and so on and for this,