Final answer:
Nepal's foreign policy is based on non-alignment, peaceful coexistence, regional cooperation, national sovereignty, and economic diplomacy as core principles to protect and enhance national interests.
Step-by-step explanation:
The foundational principles of Nepal's foreign policy revolve around protecting and promoting national interests, which encompass several key areas. Firstly, there is a strong adherence to the Non-Aligned Movement, emphasizing Nepal's desire to remain neutral in global conflicts. Secondly, Nepal values peaceful coexistence with nations, advocating for friendly relations irrespective of differences in social, political, or economic systems. Thirdly, the promotion of regional cooperation, particularly within South Asia, is crucial for joint progress and security.
Fourthly, protecting national sovereignty and territorial integrity is paramount, with the nation strongly opposing external interference. Lastly, the foreign policy includes a focus on economic diplomacy, prioritizing international trade, investment, tourism, and development assistance to foster economic growth.