Home / Knowledge / News / Apparel/Garments / Nepalese RMG gains preferential access to US markets
Nepalese RMG gains preferential access to US markets
Apr '11
Inking of the bilateral Trade and Investment Framework Agreement (TIFA) between Nepal and the US has granted Nepali products with preferential access to the US, the world's biggest market.

US Trade Representative, Ron Kirk and Deputy Prime Minister of Nepal, Bharat Mohan Adhikari inked the agreement on behalf of their respective governments on April 15. Meanwhile, a delegation consisting of the Secretaries of Law Ministry, Commerce Ministry and Energy Ministry of Nepal too is accompanying the delegation.

With finalization of the deal, government of the two countries will also announce constitution of permanent bodies to carry out discussion on bilateral trade issues and to promote trade and investment between the two nations.

These trade bodies would also deliberate on labelling and trademark registration issues for Nepali carpets, so as to preserve and promote its market in the US.

During a previously held meeting, the Nepali delegation even called for US assistance to develop the capacity of Nepali business community and other stakeholders, so as to enable the country to rationally tap the huge potential of the US market.

Nepal, through a petition had sought GSP facility for 11 readymade garment and one pashmina product.

After withdrawal of the duty-free and quota-free benefit, the US had been subjecting readymade garments, Nepal's biggest export to the US, to a duty of 17 percent.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Information Technology | On 21st Feb 2017

ThreadSol launches IntelloBuy & IntelloCut in Vietnam

ThreadSol, the pioneer of enterprise material management for sewn...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Interviews View All

Rahul Bhadani

Navigating through catalogues is a bit hasslesome

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Karan Arora
Karan Arora

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

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search