Home / Knowledge / News / Apparel/Garments / Nepal garment makers propose FTA with US
Nepal garment makers propose FTA with US
17
Apr '12
The Nepal's Ministry of Commerce and Supplies has been urged by Garment Association Nepal (GAN) to float a proposal for a Free Trade Agreement (FTA) with the US, so as to boost exports of readymade garments and Pashmina to that market.

GAN urged the Ministry to table the proposal for FTA at the forthcoming Trade and Investment Framework Agreement (TIFA) council meeting in Kathmandu.

During the Readymade Garment Management Committee meeting, GAN also called upon the Commerce Ministry to make active efforts for early passage of the Special Economic Zone (SEZ) Bill that is pending before the country's Parliament for the last three years.

As stated by the association, the bill is of much importance for enhancing exports, including garment exports, as the SEZ would also house a Garment Processing Zone.

The association said there is some confusion with respect to the 10 percent countervailing duty (CVD) imposition by India on imports of Nepali readymade garments and asked the Commerce Ministry to clarify the same.

According to GAN, CVD has reduced the competitiveness of Nepali garments in India, resulting in a drop in exports. It stated that even the concerned Customs Department heads do not have clarity in this regard, and hence, it would decide its future course of action, only after getting a clear idea of the situation.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Bani Batra

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

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