Nepal is located in the Himalays and lies in between China and India. Nepal has very close diplomatic ties with both of the BRIC member nations.
The country was formerly an absolute monarchy. There were, however, many violent conflicts between the King, the government parties, and the Maoists. The parties made a joint agreement which basically stripped the King of all his powers. In 2008 the monarchy was abolished, and the country is now a republic. Nonetheless, there are still U.N. Peacekeepers present in modern Nepal.
Most of the countries exported are produced in the primary sector which includes goods such as rice, corn, wheat and buffalo meat. However, remittances sent from abroad still make up a large portion of the economical inflow. In addition to this, Nepal recieves foreign aid from several OECD nations such as Japan and France.