The Government of Nepal would soon launch programmes for the support of the garment sector, Finance Minister Shanker Prasad Koirala has said.
The Government of Nepal would soon launch programmes for the support of the garment sector, Finance Minister Shanker Prasad Koirala has said.#
Addressing the 22nd Annual General Meeting of Garment Association-Nepal (GAN), Mr. Koirala said the budget for 2013-14 has programmes to boost the export-oriented industries, and programmes to support the garment sector would be launched soon.
The Government of Nepal would soon launch programmes for the support of the garment sector, Finance Minister Shanker Prasad Koirala has said.#
Mr. Uday Raj Pandey, president of GAN, said the Government had decided to provide 2 percent cash incentive for exports to third country (i.e. countries other than India), but had backtracked and provided incentive of only 1 percent last year.
The Government of Nepal would soon launch programmes for the support of the garment sector, Finance Minister Shanker Prasad Koirala has said.#
He urged the Government to implement its earlier decision of 2 percent cash incentive to third country exports.
The Government of Nepal would soon launch programmes for the support of the garment sector, Finance Minister Shanker Prasad Koirala has said.#
He asked the Government to take up the issue of 12 percent countervailing duty (CVD) with the Indian Government and request for its rollback on Nepali readymade garments.
The Government of Nepal would soon launch programmes for the support of the garment sector, Finance Minister Shanker Prasad Koirala has said.#
He also urged the Government to sign a Free Trade Agreement (FTA) with the US, so as to increase Nepali exports to that country.
The Government of Nepal would soon launch programmes for the support of the garment sector, Finance Minister Shanker Prasad Koirala has said.#
Garments were once the second-largest export item, after hand-knotted carpets, during 1990-2000, and fetched Np Rs. 13.12 billion at is peak.
The Government of Nepal would soon launch programmes for the support of the garment sector, Finance Minister Shanker Prasad Koirala has said.#
However, garment exports declined to Rs. 11.89 billion in 2003-04, and then to Rs. 4.6 billion in 2011-12.
The Government of Nepal would soon launch programmes for the support of the garment sector, Finance Minister Shanker Prasad Koirala has said.#
In the first eleven months of Nepali fiscal year 2012-1 3 that began on July 16, 2012, Nepal exported garments worth Rs. 3.33 billion.
The Government of Nepal would soon launch programmes for the support of the garment sector, Finance Minister Shanker Prasad Koirala has said.#
Fibre2fashion News Desk - India