Nepalese Exporters Seek American GSP For Shawls
Considering the upcoming Nepali - US trade and Investment Council meeting, Nepal's shawl producers and exporters have intensified their efforts to lobby the government for the GSP.
The conference is scheduled to be held in Kathmandu in March this year.
Nepal's shawl exporter has been working to promote the Chyangra shawl, which is one of Nepal's shawl products.
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Brand.
However, the heavy tariffs caused Nepal's shawl project to lose their market share in the US market.
Nepal's exporters have asked the Ministry of Commerce to strengthen diplomatic efforts to seek GSP for Nepal's shawl.
At present, the United States has imposed 7-21% tariffs on shawl products imported from Nepal.
Part of the shawl products are now included.
clothes
17% of the tariff is imposed.
In 2010, the Nepali Clothing Association asked the US Senate to increase 11 categories of projects to Nepal.
Generalized system of preferences
Enjoy tax-free access to the US market.
In the past few years, the export of Nepal's shawl products to the United States has dropped markedly.
In the past fiscal year, Nepal exported a 300 million rupee shawl, less than 1 billion rupees in the 1999-2000 fiscal year.
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