q Most of the service sectors lack focus on international trade and service

Q most of the service sectors lack focus on

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and by encouraging and supporting them to establish own business. q Most of the service sectors lack focus on international trade and service sector policies are mostly oriented towards fulfilling domestic requirements rather than export. q Given the context of limited institutional capacity and inadequate resources, large number of priority export products was observed to be rationalized while updating the Strategy so as to ensure focused activities on product and value chain development. q The implementation of NTIS 2010 fell short of expectation mainly because of partial execution of recommended Actions, especially in the area of product development. This was mainly due to agencies not being specified for product-specific recommendations; sector associations not being strong enough for adequate advocacy; inadequate resources; and absence of a result-based monitoring mechanism.
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NEPAL TRADE INTEGRATION STRATEGY 2016 EXECUTIVE SUMMARY AND ACTION MATRIX 5 q Coordination among line agencies remains bleak due to lack of clear accountability mechanisms to ensure effective implementation of the Results-based Management and Reporting System. q Technical and financial support from Development Partners has been mobilized, mainly but not exclusively, in areas of trade-related infrastructure and capacity development. However, there is a need for extending additional support mainly in the area of product and value chain development of priority export potential goods and services, and trade-related infrastructure. In this regard, NTIS 2016 needs strong buy-in from Development Partners to promote value chain development and integration, as well as to strengthen trade infrastructures. 3. Objectives of NTIS 2016 To substantially enhance trade sector’s contribution to GDP through trade-centred growth and to overcome the constraints and challenges associated with trade development and export promotion, the NTIS aims at achieving the following objectives: 1. Strengthen trade and export enabling environment; 2. Focus on product development and strengthen supply capacity of priority products; 3. Strengthen institutional capacity, trade negotiation and inter-agency coordination; and 4. Build and enhance trade-related infrastructures. 4. Strategic Outcomes of NTIS 2016 To address the challenges and constraints of Nepal’s export promotion and trade competitiveness, NTIS 2016 identifies Actions organized under 19 strategic Outcomes. The 19 strategic Outcomes and their respective Actions will guide the implementation of NTIS 2016 in the coming months and years. The 19 strategic Outcomes are summarized in Table 1: OBJECTIVES OF THE STRATEGY STRATEGIC OUTCOMES OF NTIS 2016
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NEPAL TRADE INTEGRATION STRATEGY 2016 EXECUTIVE SUMMARY AND ACTION MATRIX 6 Table 1: Development Goal and Strategic Outcomes of NTIS 2016 Development Goal Development Goal: Increase the contribution of export potential goods and services to the national economy through improved trade enabling environment and strengthened value chain development of priority export potentials Strategic Outcomes Cross-cutting Issues
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