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Informal cross-border trade balloons: Report

Small informal trade is dominated by a small group of traders forming an oligopoly, while large-scale informal trade is controlled by mafia-style syndicates with political backing, says a SAWTEE report.

West bengalNepal generalSabnam shivakotiAnand bagariaPurushottam ojhaParas kharelDikshya singhInternational food policy research instituteNimbus holdingsLivestock developmentMinistry of agricultureSouth asia watchIndia nepalInformal cross border tradeAgri food commoditiesSouth asia

Nepal awaits revival of key US trade preference scheme

The generalised system of preferences expired in 2021. However, Nepali exports to US continue to claim benefits.

United statesPurushottam ojhaMeans committeeDepartment of customsNepal trade preference programmeUnited state nepal trade preference programmeUnited state nepal trade preference programmeSouth asia watchNepal trade preferenceTrade facilitationTrade enforcement actInvestment framework agreement

Chinese eye Nepali orthodox tea

Until mid-March, the export of orthodox tea to China jumped 88.31 percent. Insiders say the opening of Chinese market to Nepali tea is significant.

Hong kongWest bengalCzech republicUnited kingdomDeepak khanalCoffee development boardMinistry of foreign affairsNational teaChinese ambassadorNepal chen songCoffee developmentSouth asia watchForeign affairsNepal tea quality

Nepal faces inflation risk from Red Sea disruption

The country is heavily reliant on imports from India, which is already experiencing soaring shipping expenses.

Red seaDjibouti generalParas kharelIndian oceanDepartment of customsFitch solutionsSouth asianSouth asia watchGalaxy leaderSuez canalWest asiaRed sea attacks monitorSouth asia highly vulnerable to disruptionIran backed houthiSouth asiaFitch solution

Weeks after auto-renewal of trade treaty with India, Nepal wants revision

The bilateral trade treaty was automatically renewed in November without addressing several of Nepal’s concerns.

France generalIndia generalNepal generalUttar pradeshShri vipul bansalRam chandra tiwariNepal industry ministry onDepartment of customsEmbassy of indiaMinistry of commerceMinistry of industryParis conventionNepal india inter governmental sub committeeCombat unauthorised tradeVipul bansalSouth asia watch

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