Trade Policy (1).pptx - Trade Policy 2015 Review NITESH KUMAR SHAH KATHMANDU UNIVERSITY SCHOOL OF MANAGEMENT Background Need for a new Trade Policy \u2022

Trade Policy (1).pptx - Trade Policy 2015 Review NITESH...

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Trade Policy 2015 ReviewNITESH KUMAR SHAHKATHMANDU UNIVERSITY SCHOOL OF MANAGEMENT
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Background: Need for a new Trade PolicyAddress the ballooning trade deficitPromote exports by enhancing the supply-side capacitiesBenefit from the globalization, economic liberalization and global trading system
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Procedure adoptedBoard of Trade meeting made a decision to review and update Trade Policy 2009Steering Committee under the Chairpersonship of Commerce Secretary and Technical Committee under the Chairpersonship of Joint Secretary was formed to oversee and draft the Trade Policy 2015In-depth study of the Trade Policies of 11 countries (India, China, Sri Lanka, Bangladesh, Uganda, Cambodia, Germany, Japan, USA, Mexico and Brazil) was carried outFocus Group discussions and consultations with private sector and concerned stakeholders was organized at the central and local levelAdvice and suggestions in writing from trade experts were collected
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Procedure adoptedPublished a public notice in print media to collect feedbackFeedback collected and adjusted from a number of ministries, agencies and trade stakeholdersFinal draft of Trade Policy 2015 was prepared through various rounds of meetings under the Chairpersonship of the Hon. Member of NPC (responsible for Commerce)The final draft of Trade Policy 2015 was registered for approval from Council of Ministers, GoN on 12thJuly 2015Approved by the Economic and Infrastructure Committee, GoN
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Vision, Goal and Objectives of Trade Policy 2015Vision:-To achieve economic prosperity by enhancing the contribution of
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