Home / Knowledge / News / Apparel/Garments / Nepal-US TIFA meeting postponed to Sept
Nepal-US TIFA meeting postponed to Sept
13
Feb '12
The meeting between Nepal and the US under the Trade and Investment Framework Agreement (TIFA) has been rescheduled to last week of September 2012.

The meeting of Nepal-US Council on Trade and Investment (NUSCTI), under TIFA, was to earlier take place in March this year and both sides had increased their preparations for finalizing the potential agenda for the meeting that is considered crucial for bilateral trade and investment between the two countries.

However, the postponement of the meeting would mean that the Nepali garment and Pashmina exporters would have wait for six months more to get additional benefits for preferential access to the US market.

The TIFA agreement was signed in April 2011 and it states that the NUSCTI can meet once a year to discuss bilateral trade issues.

At the upcoming meeting, Nepali entrepreneurs are expecting that the Government would work out a bilateral Free Trade Agreement (FTA) to improve garment and Pashmina item exports to the US, exports of which have been declining since 2000.

For some time, Nepali entrepreneurs have been pushing for Generalized System of Preference (GSP) facility for Nepali garments and Pashmina products in the US.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Kevin Nelson
TissueGen

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Bani Batra

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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
March 2017

March 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