Utilisation of trade preference facilities of US stressed

Madhu Kumar Marasini, Secretary of the Ministry of Industry, Commerce and Supplies (MoICS), pointed out that Nepal needs to think outside the conventional approaches and explore new products to export to the US in which Nepal has a comparative advantage.

He said the government was proposing that more products of export interest to Nepal be included in the US’s trade preferences for Nepal. Marasini also highlighted the importance of services trade, such as IT exports, for which government intends to ease the process.