Trade
Nepal’s Foreign Trade Declines Significantly, Imports Outweigh Exports
Nepal’s trade landscape reflects a concerning downturn, with foreign trade experiencing a substantial decline during the first ten months of the current fiscal year. Reports indicate a stark plunge of 36.69 billion rupees, painting a challenging picture for the nation’s economic outlook. As of April, Nepal’s total foreign trade stands at 1.429 trillion rupees, showcasing […]
Read More
Nepal Gears Up for 17th International Industrial Trade Fair
Title: Nepal Gears Up for 17th International Industrial Trade Fair Subtitle: Promoting Domestic Products, Empowering Nepali Entrepreneurs Kathmandu, May 5: In a significant move to promote domestic products and empower local entrepreneurs, the 17th Nepal International Industrial Trade Fair-2024 is set to take place from May 8 to 12 at Bhrikutimandap in Kathmandu. Organized by […]
Read More
Nepal-China (Tibet) Economic and Trade Fair Set to Boost Bilateral Ties
Kathmandu is gearing up to host the 17th Nepal-China (Tibet) Economic and Trade Fair from April 29 to May 3, 2024. Organized as per the agreement between the Government of Nepal and the Department of Commerce of Tibet Autonomous Region of China, this biennial event aims to further strengthen economic and trade relations between the […]
Read More Economic and Trade Fair Set to Boost Bilateral Ties){kind=link}
Nepal-China Trade Fair Returns
The highly anticipated 17th Nepal-China (Tibet) Economic and Trade Fair is set to take center stage in the federal capital, Kathmandu, on April 29th. This biennial event, organized under the agreement between the Nepali government and the commerce department of the Tibet Autonomous Region of China, has become a pivotal platform for fostering robust economic […]
Read More
Nepal’s Foreign Trade Sees Decline in Current Fiscal Year
Nepal’s foreign trade in the first nine months of the current fiscal year (FY 2080/081) has amounted to Rs 1.281 trillion, as per the Central Bureau of Statistics. Compared to the same period last year, which saw foreign trade at Rs 1.319 trillion, this year’s trade volume has decreased by 3 percent, equivalent to Rs […]
Read More
Nepal-Bangladesh Commerce Talks Set to Bolster Economic Relations
Nepal and Bangladesh are gearing up for a commerce secretary-level meeting in Kathmandu, focusing on fortifying economic ties and regional connectivity. However, the long-awaited bilateral Preferential Trade Agreement (PTA) won’t be addressed during the discussions, according to informed sources. The two-day meeting, to be chaired by Commerce Secretary Dinesh Kumar Ghimire from Nepal and Commerce […]
Read More
Enhancing Cross-Border Digital Payments: Nepal and India Sign Agreement for Seamless Transactions
The agreement between Nepal Clearing House Limited (NCHL) and the National Payments Corporation of India (NPCI) to enable digital payments between the two countries is a significant development that has the potential to ease cross-border transactions and boost tourism and trade. The agreement allows authorized digital payment apps from both Nepal and India to operate […]
Read More
Legal provisions will be made for the promotion and regulation of trade in Nepali goods and services through e-commerce
A legal arrangement will be made to promote and regulate the trade of Nepali goods and services through e-commerce. Presenting the budget for the next fiscal year 2080/081, Finance Minister Dr. Prakash Sharan Mahat said that legal arrangements will be made to promote and regulate trade in Nepali goods and services through e-commerce. He said […]
Read More
India-Nepal Economic Partnership Summit 2023
The India-Nepal Economic Partnership Summit 2023 is a major event that will bring together key stakeholders from both countries to discuss ways to deepen economic engagement. The summit is being organized by the Nepal-India Chamber of Commerce and Industry (NICCI), the PHD Chamber of Commerce and Industry (PHDCCI), the Startup Network, the Nepal SBI Bank, […]
Read More
Nepal Government to tighten the credit for import of fuel based vehicles
The government of Nepal has announced plans to reduce the import of fuel vehicles and encourage the use of electric vehicles. The move is part of a broader effort to reduce the country’s trade deficit and improve its environmental sustainability. Under the new plan, the government will implement a number of measures to discourage the […]
Read More