Failing on agro-trade
Nepal, June 2 -- A key priority in Nepal's effort to expanding agriculture exports should be improve quality of its products by developing standards in line with standards developed by international bodies
The trade regime of Nepal is liberal. There is no quantitative restriction and import licensing. Number of tariff slabs is low and tariffs are at moderate level. Current account balance of payments are fully convertible. Export and import procedures are said to be simplified and reforms are underway for institutionalizing export incentives. We have Trade Policy (2015) to take benefit from bilateral, regional and multilateral trading arrangements. This policy also focuses on increasing the competiveness of domestic products so that the ...
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