Home / Knowledge / News / Apparel/Garments / Nepal to lobby for duty free access for RMG in US
Nepal to lobby for duty free access for RMG in US
15
Apr '16
Nepal would lobby the US government to gain duty-free, quota-free access to the American market for all types of readymade garments, Nepali Prime Minister KP Sharma Oli has said. He also urged garment makers to expand their production capacity to ensure regular supplies to one of the main export destinations.

Oli's comment during his address at the 65th annual general meeting of the Nepal Chamber of Commerce (NCC). The Prime Minister said manufacturers should focus on improving their production capacity.

After US President Barack Obama signed legislation authorising special trade preferences for Nepal on February 24, Nepali garment exporters have been able to utilise duty-free tariff benefits for up to 66 types of garment items like carpets, headgear, shawls, scarves and travel goods.

However, garment producers were disappointed after finding out that they do not currently manufacture the products in the duty-free list. The duty-free facility which lasts until 2025 is applicable to only 40 per cent of the Nepali garments being exported to the US.

There were over 400 apparel factories across the country that provided employment to 450,000 individuals when garment export was at its peak in 2001. Investment in this sector reportedly exceeded Rs six billion at that time.

Nepal's garment industry went into a nosedive after the Multi Fibre Agreement (MFA) with the US was phased out in 2005. Till that time, about 90 per cent of readymade garments produced in Nepal, amounting to about Rs 10 billion, were exported to the US. Readymade garments then had 20 per cent share in total export. Its ranking slipped to fifth position in overall exports of 2014-15, amounting to Rs 5.29 billion. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Anvita Mehra
Confidential Couture

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

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search