Home / Knowledge / News / Apparel/Garments / Country initiates bilateral trade pact with US
Country initiates bilateral trade pact with US
Dec '09
Mr. Rajendra Mahato, Minister for Commerce and Supplies met U.S. trade representative Mr. Ron Kirk to request him for a bilateral trade treaty between Nepal and US. Mr. Mahato is leading the Nepali delegation to the ministerial meeting of the World Trade Organization in Geneva.

The country presented the draft of proposed trade treaty once again to the US, after making some changes in it as both the countries have already exchanged the draft of the pact, informed Mr. Mahato, who is expecting to finalize the treaty by his next visit to US in the month of February.

The agreement pertains to the duty-free export of Nepali readymade garments to the US, as garment exports of Nepal to the US plunged down by more than 90 percent over the past 10 years. These exports were affected more adversely, after the quota system was scrapped in 2005.

During this period, more than 100 RMG factories witnessed closure, leaving around 95,000 workers without jobs. Since then, the country has been seeking duty-free access for its apparel products.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Bani Batra

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

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


Browse Our Archives


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