Garment
Association Nepal (GAN) has asked the Ministry of Commerce and Supplies to
propose for Free Trade Agreement (FTA) with the US in the next Trade and
Investment Framework Agreement (TIFA) council meeting to be held in Kathmandu.
During the Readymade Garment Management Committee meeting chaired by secretary
of Ministry of Commerce and Supplies Lalmani Joshi yesterday, the association
asked the ministry to propose for FTA with the US to boost exports of readymade
garments and pashmina to the US, take lead in passing the Special Economic Zone
(SEZ) Bill that is in the parliament for the last three years and clarify on
the 10 per cent countervailing duty (CVD) charged by India on the export of
Nepali readymade garments to India.
"There is confusion over the 10 per cent countervailing duty charged by
India on the export of Nepali garments to India," said president of GAN
Uday Raj Pandey, adding that the Commerce Ministry has to clarify on the issue
as the 10 per cent countervailing duty has made Nepali garments less
competitive in the Indian market which in turn has hurt exports.
The Readymade Garment Management Committee has representation from the Ministry
of Trade and Finance. "The concerned heads of the Customs Department themselves
are not clear on the countervailing duty," he said, adding that the
association, after getting the real picture, will decide on how to move
forward.
Similarly, the association has also asked the Commerce Ministry to take the
lead in passing the Special Economic Zone (SEZ) Bill that is in the parliament
since the last three years. "The Industry Ministry alone has not been able
to pass it, so we have asked the Commerce Ministry to help pass the SEZ Bill
that is key to promote exports," said Pandey.
SEZ will also house Garment Processing Zone (GPZ) that will boost the exports
of garment sector, according to the association.
The country is preparing for the Investment Year and needs to create a
favourable investment climate and SEZ could ensure foreign as well as domestic
investors of a conducive environment, he said, adding that FTA with the US will
help US investors bring in investments to Nepal and Nepali readymade garments
and pashmina will also get the most favoured nation status and Generalised System
of Preferences (GSP) facility that could help boost exports. "It's a
win-win situation for both countries."
"The TIFA council meeting that should have been held earlier has been
postponed repeatedly, but this time the government should hold it and propose
for FTA to make the TIFA a more practical vehicle for the promotion of Nepali
garments and pashmina in the US market," according to the president of the
association. "Nepal must propose the FTA during the TIFA council meeting
that has been rescheduled for the last week of September."
At one time, the country used to export readymade garments and pashmina worth
Rs 15 billion but it has come down recently. According to the central bank's
data, in the first seven months of the current fiscal year, the country has
exported readymade garments worth Rs 347.6 million to India and readymade
garments worth Rs 2.80 billion to the third countries.
"Similarly, the country has exported pashmina worth Rs 1.87 billion to a
third country and pashmina worth Rs 21.4 million to India," the central
bank's data has revealed. However, exports of readymade garments and pashmina
to third countries, except India, have increased this fiscal year as compared
to the last three fiscal years.
Garment exports to third countries
Fiscal Year — exports
2009-10 — Rs 2.29 billion
2010-11 — Rs 1.89 billion
2011-12 — Rs 2.80 billion
(Figures of the first seven months of the fiscal year except India. Source: Nepal Rastra Bank)
Useful information. Lucky me I found your web site accidentally, and I am surprised why this twist of fate didn't took place in advance! I bookmarked it.
ReplyDeleteHere is my blog post :: woman dating sites
That is very fascinating, You are an excessively professional blogger.
ReplyDeleteI've joined your rss feed and look forward to looking for more of your wonderful post. Additionally, I have shared your site in my social networks!
Look at my web blog - internet dating sites free
I don�t even know the way I stopped up here, however I thought this post was great.
ReplyDeleteI do not recognise who you're but definitely you are going to a famous blogger if you are not already ;) Cheers!
Also visit my webpage: wikislon.net
The following time I learn a weblog, I hope that it doesnt disappoint me as a lot as this one.
ReplyDeleteI mean, I do know it was my option to read, but I truly thought youd have something interesting to say.
All I hear is a bunch of whining about one thing that you can fix in the event you werent too
busy looking for attention.
Also visit my web blog ... http://nutrijelllll.com
My partner and I absolutely love your blog and find the majority of your post's to be precisely what I'm looking
ReplyDeletefor. can you offer guest writers to write content for you?
I wouldn't mind writing a post or elaborating on a lot of the subjects you write with regards to here. Again, awesome weblog!
Feel free to visit my web blog - free to chat dating site
Great items from you, man. I've take into account your stuff previous to and you're simply extremely fantastic.
ReplyDeleteI actually like what you've obtained right here, certainly like what you're saying and the way in which
by which you assert it. You make it entertaining and you continue to take
care of to stay it sensible. I can not wait to read much more from you.
That is actually a tremendous web site.
my webpage - thai dating
Great write-up, I am regular visitor of one�s website, maintain up the nice operate, and It is going to be a
ReplyDeleteregular visitor for a long time.
my web site - x dating
Hello my loved one! I wish to say that this article is amazing, great written
ReplyDeleteand include almost all important infos. I�d like to see more posts like this .
Also visit my web blog: free on line dating site
Excellent read, I just passed this onto a colleague who was doing some research on that.
ReplyDeleteAnd he just bought me lunch as I found it for him smile
Therefore let me rephrase that: Thank you for lunch!
My web page :: date sites free
I think people felt bad for me afterwards because of how nervous I was.
ReplyDeleteOften that's what prospects do when you annoy them with your barketing. What do you think when a new potential supplier approaches you with the selling phrase, "I'm as good as the
one you use now".
my site ... check this out
Thanks for the thoughts you have contributed here. Additionally, I believe there are numerous
ReplyDeletefactors that really keep your motor insurance premium all the way down.
One is, to take into consideration buying cars that are in the good report on car insurance corporations.
Cars which can be expensive tend to be more at risk of
being stolen. Aside from that insurance policies are also depending on the value of your
car or truck, so the costlier it is, then higher the particular premium you have to pay.
My web blog :: facebook of sex
Appreciating the persistence you put into your blog and in depth information you offer.
ReplyDeleteIt's awesome to come across a blog every once in a while that isn't the
same out of date rehashed information. Fantastic read!
I've bookmarked your site and I'm adding your RSS feeds to my Google account.
Also visit my website - free online date sites
I was very happy to seek out this net-site.I wished to
ReplyDeletethanks to your time for this glorious learn!
! I definitely having fun with each little little bit of it
and I've you bookmarked to take a look at new stuff you blog post.
Look into my web page - wiki.dianebarrett.com
Thanks for your blog post. I would like to say that your health insurance brokerage service also works for the benefit of the actual
ReplyDeletecoordinators of your group insurance cover. The health broker is given a
long list of benefits desired by someone or a group coordinator.
Such a broker does indeed is try to find individuals or perhaps
coordinat
my web-site - www.cafulcurasc.com.ar
I have noticed that credit score improvement activity has to be conducted with tactics.
ReplyDeleteIf not, you may find yourself damaging your positioning.
In order to grow into success fixing your credit score you have to take care that
from this moment in time you pay any monthly costs promptly in advance of their timetabled date.
It is significant simply because by not really accomplishing this, all other activities
that you will decide to try to improve your credit standing
will not be useful. Thanks for giving your ideas.
Also visit my web blog; facebook of sex
Thank you for the good writeup. It in fact was a amusement account it.
ReplyDeleteLook advanced to more added agreeable from you! By the way, how could we communicate?
Review my webpage; wiki.fachschaftsrat.info
Howdy! I know this is kind of off topic but I was wondering if you knew where I could locate a captcha plugin for my
ReplyDeletecomment form? I'm using the same blog platform as yours and I'm having problems finding one?
Thanks a lot!
my web page ... dip.jp
One thing is that one of the most common incentives for making use
ReplyDeleteof your credit card is a cash-back or maybe rebate supply.
Generally, you're going to get 1-5% back on various expenditures. Depending on the credit cards, you may get 1% returning on most buying, and 5% again on expenditures made from convenience stores, filling stations, grocery stores in addition to
Feel free to surf to my homepage - dating agencies
I would love to add that in case you do not currently have
ReplyDeletean insurance policy or else you do not take part in any group insurance, you could possibly well reap the benefits
of seeking the aid of a health insurance professional.
Self-employed or individuals with medical conditions normally seek the help of one health insurance
broker. Thanks for your st.
Here is my site; free dating websites online
Thanks for the suggestions you are revealing on this blog site.
ReplyDeleteAnother thing I would like to say is always that getting hold of copies of your credit
file in order to inspect accuracy of any detail would be the first motion you have to
accomplish in credit score improvement. You are looking to thoroughly
clean your credit history from harmful details problems that spoil your credit score.
Also visit my site adult finder
Hey very cool website!! Man .. Excellent .. Amazing
ReplyDelete.. I will bookmark your site and take the feeds also�I
am happy to find a lot of useful info here in the post,
we need develop more techniques in this regard, thanks for sharing.
. . . . .
Also visit my blog post: facebook of sex
Thanks for your publication on the vacation industry.
ReplyDeleteI might also like contribute that if you are a senior
contemplating traveling, it can be absolutely crucial to
buy traveling insurance for senior citizens. When traveling, golden-agers
are at greatest risk of having a medical emergency.
Receiving the right ce package for your age group can safeguard your
health and provide peace of mind.
my webpage; fuckbook
Therefore, if you wanted to specifically look for
ReplyDeleteCNN News, it is right there in its own directory on the front webpage.
Clearly, however, newspapers need to try harder to take advantage of new technologies to tell their stories in ways that attract and involve readers, young or old.
Today, Most of newspapers are offering their online editions.
The growth in the circulation of newspapers in the country results in the overall economic prosperity of the country, inspiring it to higher
levels. The contempt he held for America had little to do with politics and
democracy.
My blog; click here
My husband and i felt really more than happy when Peter managed to deal with his analysis via the ideas he discovered while
ReplyDeleteusing the web page. It's not at all simplistic to simply happen to be freely giving tips which often some people could have been selling. So we fully grasp we have got the writer to be grateful to because of that. These illustrations you have made, the straightforward web site menu, the friendships you will make it possible to promote - it is most sensational, and it is facilitating our son and us feel that that subject matter is enjoyable, and that's truly indispensable.
Thank you for everything!
Feel free to surf to my webpage :: adult finder
You are a very intelligent individual!
ReplyDeleteHere is my web site ... adult sex
Thank you a lot for providing individuals with such a superb chance to check tips from here.
ReplyDeleteIt's usually very excellent and as well , packed with a lot of fun for me personally and my office acquaintances to visit your site at the least 3 times per week to find out the new stuff you will have. And indeed, I'm just at all times contented with the
spectacular tricks served by you. Selected 3 areas on
this page are truly the finest we've had.
Feel free to surf to my homepage: fuckbook
Unquestionably believe that that you said. Your favorite justification seemed to be on the
ReplyDeletenet the simplest thing to take into account of.
I say to you, I definitely get irked even as folks consider concerns that they just don't recognise about. You managed to hit the nail upon the top as smartly as defined out the entire thing with no need side-effects , folks could take a signal. Will likely be again to ge
My website: facebook of sex
Step Three Coat your hair Comb your hair into small sections.
ReplyDeleteBefore you apply heated gadgets onto your hair, protect your hair
with heat protectant sprays and also serums. Sometimes,
this process starts from the temples and goes back,
and sometimes it begins from the top of the head.
In this manner you can choose the herbs that are right for
you. Indeed, nourishing and conditioning the scalp using aromatherapy oils is one of the most
basic and simplest ways to prevent further hair loss and
stimulate healthier hair regrowth.
Feel free to surf to my site :: hairstyles with bangs
Yeast infection cannot be eliminated if only treated with a one-dimensional treatment like
ReplyDeleteantibiotics, creams, pills, or detox diets. Andrews allegedly sold apartments of for a non-existent
Turkish Mediterranean resort in partnership with his brother Nigel and sister-in-law Margaret.
Numerous adjustments are usually made to improve the buying
experience for site visitors to the golf website.
If you suspect that your method has become infected there are a number
of points you can do yourself to try to get rid of the offending application.
o - Focus on the optometry practice (no ambition to
supply a retail eyewear answer).
Here is my blog post Mindel-riss