LOCAL NEWS THE RISING NEPAL (DAILY)

Agro-products to enhance Nepal’s reach to Europe

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KATHMANDU, Nov. 15: Agro-based products like Ayurvedic Medicines, honey, spices, orthodox tea, dairy products and fruits could enhance Nepal’s reach to the European market, say experts concerned.

They were speaking at an interaction programme on Nepal’s trade opportunities in Europe organised jointly by Nepal Chamber of Commerce, First Asian International, IBB Solicitors and Hastings Direct Insurance here today.

Noting that carpet, readymade garment, handcraft items, pashmina, leather goods, tea and the like are main products from Nepal that could be exported to Europe, the experts pointed out the need for cooperation from the EU member countries to promote such products. They were also of the view that daily consumable goods could also be exported to the european market following an increase in domestic investment in agro-based industries, export software with the development of information technology and develop hydroelectricity to expand its market in the South Asian Region.

Secretary at the Ministry of Industry, Commerce and Supplies Lav Kumar Devkota expressed the view that the government should play the facilitators’ role for Nepal’s access to the international market.
He also disclosed that preparations are being made to celebrate the year 2003 as export year in order to promote Nepal’s products in the international sector.

Chamber president Rajesh Kaji Shrestha was of the view that accession to the World Trade Organisation and enforcement of the South Asian Free Trade Area (SAFTA) could ease entry of Nepali products to the international market.

Chairperson of Bankers Association of Nepal Narendra Bhattarai said Nepal, which has so far stressed international cooperation and development, should now focus on international market as well.
Chairperson of Hastings Direct Insurance Davind Gundlachi and Anila Preston Wickramasinghe also expressed their views on the occasion.

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