NTIS 2016NITESH KUMAR SHAHKATHMANDU UNIVERSITY SCHOOL OF MANAGEMENT
Introduction •Trade has been well recognized globally as an important driver of economic growth and inclusive development. Over the years, Nepal has taken a series of initiatives to promote exports so as to achieve sustainable and inclusive economic growth, poverty reduction, and improvement in the living standard of the Nepalese people.
Introduction •Despite efforts to implement sectoral policies and measures supportive of value chain development, trade mainstreaming and enhancement of export competitiveness, Nepal’s trade performance over a decade remained less satisfactory, resulting in a huge deficit in trade in goods. Poor performance of Nepal’s trade is mainly attributed to supply-side constraints, low investment, inadequate trade infrastructure and trade facilitation measures, among others. Persistent deficit in trade in goods and deteriorating terms of trade have posed challenges in
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