Kathmandu, July 1 -- The Department of Commerce, Supply and Consumer Protection has prepared a draft E-Commerce Bill 2020 that aims to create a facilitative regulatory environment for trade in Nepal.

The proposed law has been sent to the Ministry of Industry, Commerce and Supplies to be reviewed before it is submitted to the cabinet for its approval.

Extensive discussions are held on the bill before it is tabled in Parliament. After the proposed piece of legislation is passed by Parliament, the president signs it into law.

The e-commerce law will regulate and facilitate the trade of goods, services and intellectual property rights using electronic means, and support the growing digital ecosystem.

Electronic commerce has been steadily ...