Foreign Investment and Technology Transfer Act (FITTA) 1992 (as last amended in 2019) prohibits FDI in retail business. While it was not clear until recently whether online retail was also included in the negative list (while 100% FDI in e-commerce platform such as Daraz was allowed in practice), Industrial Enterprises Act, 2020, defines e-commerce as a separate industry from retail business, and by the virtue of e-commerce not being in the negative list of FITTA, 2019, it can be assumed that FDI in e-commerce business is allowed.In April 2022, the governtment of Nepal temporary introduced an import ban on mobile phones prices above USD 600. The regulation was imposed from April to December 2022. For further details, please see https://www.globaltradealert.org/intervention/106454/import-ban/nepal-import-ban-on-certain-goods