CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

EPS agreement with South Korea to be renewed

CEO Tab by CEO Tab
April 13, 2022
in Prime News
0
Korean support worth over Rs 800 million for cyber bureau
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The government is preparing to renew Employment Permit System (EPS) with South Korea.

You might also like

Nepal Launches Taxpayer Reward Portal, Offers Cash Prizes for Demanding VAT Bills

Policy Uncertainty Weighs on Nepal’s Economy, NRB Study Finds

Nepal Insurance Authority Plans Separate Insurance Premium Guidelines for Electric Vehicles

The issue was discussed during the meeting of the Ambassador of South Korea to Nepal Park Chong-suk with Minister for Labor, Employment, and Social Security Krishna Kumar Shrestha. During the meeting held at the Ministry in Singha Durbar, the relations between the two countries, mutual interests, and concerns were discussed.

Minister Shrestha urged Ambassador Park to expedite the bilateral agreement on the Employment Permit System (EPS), which has been in the process of renewal since 2020. Ambassador Park said that necessary preparations will be made to renew the EPS agreement as soon as possible. The last bilateral agreement on EPS between the governments of Nepal and South Korea in 2007 was last renewed in 2018. Since then, the renewal process has not progressed.

As 10,000 Nepalis who have passed the language test are in the process of going to Korea, Minister Shrestha also requested to make arrangements for their speedy departure.

He also urged to increase the quota under EPS. South Korea has been taking Nepali workers since 2008 by allocating quotas. Under the EPS system, foreigners from 16 countries work in Korea. Ambassador Park said that the South Korean government is positive to increase the number of Nepali workers under EPS.

Stating that 2,000 Nepali passers who passed the language test under EPS in 2018 could not participate in the process due to the termination of their roster, Minister Shrestha requested to extend the deadline and participate in the process. He said the ministry was preparing to start the language test for those seeking employment in South Korea under the EPS from May 30.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nepal Launches Taxpayer Reward Portal, Offers Cash Prizes for Demanding VAT Bills

by CEO Tab
August 2, 2026
0
Nepal Launches Taxpayer Reward Portal, Offers Cash Prizes for Demanding VAT Bills

The Inland Revenue Department (IRD) has launched its long-awaited taxpayer incentive portal, allowing consumers to upload purchase bills for a chance to win cash prizes as part of...

Read more

Policy Uncertainty Weighs on Nepal’s Economy, NRB Study Finds

by CEO Tab
August 2, 2026
0
Policy Uncertainty Weighs on Nepal’s Economy, NRB Study Finds

Growing economic and policy uncertainty is slowing Nepal’s economy by weakening investment, credit expansion and market confidence, according to a new study by Nepal Rastra Bank (NRB). Published...

Read more

Nepal Insurance Authority Plans Separate Insurance Premium Guidelines for Electric Vehicles

by CEO Tab
August 2, 2026
0
Nepal Insurance Authority Plans Separate Insurance Premium Guidelines for Electric Vehicles

The Nepal Insurance Authority (NIA) has begun drafting new guidelines to introduce separate insurance premium structures for electric vehicles (EVs) and conventional petroleum-powered vehicles. The insurance regulator said...

Read more

NOC Begins Direct LPG Sales in Kathmandu Amid Supply Shortage Complaints

by CEO Tab
August 2, 2026
0
NOC Begins Direct LPG Sales in Kathmandu Amid Supply Shortage Complaints

The Nepal Oil Corporation (NOC) has started selling liquefied petroleum gas (LPG) directly from its Teku office in Kathmandu in response to growing consumer complaints over cooking gas...

Read more

Finance Minister Announces ‘Response Desk’ to Address Private Sector Concerns

by CEO Tab
July 29, 2026
0
Finance Minister Announces ‘Response Desk’ to Address Private Sector Concerns

Finance Minister Dr. Swarnim Wagle has announced that the Ministry of Finance will establish a dedicated ‘Response Desk’ to promptly address the concerns of industrialists and business leaders,...

Read more
Next Post
Sri Lanka warns it will default on its foreign debts amid crisis

Sri Lanka warns it will default on its foreign debts amid crisis

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.