North Korea may be interested in investing in Nepal’s hydroelectric and agriculture industries, the new DPRK ambassador to Kathmandu reportedly said during a meeting with the speaker of the country's parliament over the weekend, according to a report posted on Facebook and carried by multiple local news outlets.

Ambassador Jo Yong Man, who took over the role in January, met in Kathmandu to discuss bilateral relations with Speaker of the House of Representatives Krishna Bahadur Mahara, a member of the ruling Nepal Communist Party (NCP), the report says.