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CULTURE

TOURISM

TRADE

DISCOVER

CULTURE

TOURISM

TRADE

Nepal has been adopting a liberal trade policy in 2015 to aim at export promotion and containing the growing trade deficit, among others. The export oriented industries get different concessions as well as tax exemption and refunds on inputs. Because of its location between the world’s two most populous countries and growing markets, lndia and China, Nepal presents unique opportunity to the potential traders to tap this almost untapped business expansion opportunity.

The Office of the Company Registrar, Nepal, serves as the one window organization to register different businesses and companies in Nepal. The private sector federation of businesses and industries, such as the Federation of Nepalese Chambers, Commerce, and Industries (FNCCI), the Confederation of Nepalese Industries (CNI), the Nepal Chamber of Commerce, and the Nepal – USA Chamber of Commerce and lndustry , also provide useful contact and networking with Nepal’s private sector for doing businesses in Nepal.

The country mainly exports clothing, carpets, handicrafts, leather, jute products, vegetables and cereals. Nepal imports oil, machinery & equipment, and electronics.

Trade and Export Promotion and its information Portal would assist you to further navigate on this area.

Nepal USA TIFA

The Trade and lnvestment Framework Agreement (TIFA) between the Government of Nepal and the United States of America entered into force in 2011. The agreement aims at expanding trade, investment and technical cooperation , and strengthening economic relations between the two countries. The Trade Facilitation and Trade Enforcement Act of 2015 established a new country-specific preference program to grant duty-free treatment to Nepal for products covered by 77 Harmonized Tariff Schedule lines (including handicrafts, shawls, travel goods, bags etc).