Home / Knowledge / News / Apparel/Garments / Nepal to give preferential access to Bangladeshi RMG
Nepal to give preferential access to Bangladeshi RMG
16
May '16
Nepal will give preferential access to Bangladeshi readymade garments following a Memorandum of Understanding signed by the two countries. Readymade garments are among 50 Bangladeshi products that Nepal will provide preferential treatment.

A nine-member team led by Nepalese Commerce Secretary Naindra Prasad Upadhyaya and a Bangladeshi team led by Senior Commerce Secretary of Bangladesh Hedayetullah Al Mamoon signed a MoU to this effect.

The two sides decided to form a secretary level mechanism to enforce the provision, according to which at least 108 Nepali products will have duty-free access to Bangladesh.

The Nepal-Bangladesh commerce secretary-level talks also agreed to remove Technical Barriers to Trade (TBT) to expand trade volume between the two countries.

Commerce Secretary Upadhyaya said the mechanism will propose the modality on implementation of the agreement.

Upadhyaya said the two countries also agreed to take initiative to implement a previous bilateral agreement. He said the two countries also discussed issues like promoting bilateral trade, trade facilitation, development of trade related infrastructure and removing non-tariff barriers. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

President Tsai Ing-wen delivering remarks before boarding her plane bound for Central America. Courtesy: Presdient's office

Textiles | On 16th Jan 2017

‘Textiles at centre of Taiwan’s new trade arrangements’

Textiles should be at the heart of Taiwan’s thinking while developing ...

Apparel/Garments | On 16th Jan 2017

Ralph Lauren develops policy on tracking wood based fabrics

In a bid to trace source of wood based fabrics like viscose and rayon ...

Apparel/Garments | On 16th Jan 2017

EC proposes enhanced market access for Sri Lanka

The European Commission (EC) has proposed that a significant part of...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search