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

Trade Policy 2015 Review
NITESH KUMAR SHAH
KATHMANDU UNIVERSITY SCHOOL
OF MANAGEMENT

Background: Need for a new Trade Policy
•
Address the ballooning trade deficit
•
Promote exports by enhancing the supply-side
capacities
•
Benefit from the globalization, economic
liberalization and global trading system

Procedure adopted
•
Board of Trade meeting made a decision to review and update Trade
Policy 2009
•
Steering 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 2015
•
In-depth study of the Trade Policies of 11 countries (India, China, Sri
Lanka, Bangladesh, Uganda, Cambodia, Germany, Japan, USA, Mexico
and Brazil) was carried out
•
Focus Group discussions and consultations with private sector and
concerned stakeholders was organized at the central and local level
•
Advice and suggestions in writing from trade experts were collected

Procedure adopted
•
Published a public notice in print media to collect feedback
•
Feedback collected and adjusted from a number of
ministries, agencies and trade stakeholders
•
Final 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 12
th
July 2015
•
Approved by the Economic and Infrastructure Committee,
GoN

Vision, Goal and Objectives of Trade Policy
2015
•
Vision:
-To achieve economic prosperity by enhancing the contribution of