India and Nepal are seeking to update their nearly 60-year-old trade treaty with the new draft expected to be ready before India goes to staggered polls from April 16.
The President of the Sri Lanka Nepal Business Council of the Federation of Chambers of Commerce and Industry of Sri Lanka said that Nepal had approached Sri Lanka about entering into a free trade agreement.
The President of the Sri Lanka Nepal Business Council of the Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) said that Nepal had approached Sri Lanka about entering into a free trade agreement.
India is holding talks with Nepal over a new Comprehensive Economic Partnership Agreement
Even as Nepal prepares to abolish monarchy and declare itself the world’s newest republic under a government led by Maoists, the Indian government is preparing a new wave of business diplomacy to establish cordial ties — including an FTA — with the new regime.
The Nepalese government still seems to be unclear about its priority on trade. Policy makers and senior government officials appear to be bugged down in the morass of confusion as to whether would it be appropriate to go for bilateralism or regionalism or multilateralism.
A proposed free-trade deal between Nepal and Sri Lanka could boost trade but analysts say there is more potential for service liberalization.
Minister of Export Development and International Trade Prof. G.L. Pieris delivering the keynote address on “Exports and Future Government Plans” at the National Chamber of Commerce of Sri Lanka said Nepal is keen on entering into an FTA with Sri Lanka.
With 11 days left for the bilateral trade pact between India and Nepal to lapse, the two neighbours started their two-day talks on Thursday to review the 11-year-old Indo-Nepal trade treaty.
India has decided to hand over a virtual blank cheque to Nepal as it prepares to start talks for extending the trade treaty between the two countries.
Nepal is initiating the process of signing bilateral labor agreements with various countries that have been importing Nepali workers, state run Radio Nepal reported Friday.
India has offered to deepen its bilateral trade relations with Nepal by mooting a comprehensive economic parternship agreement (CEPA) to include services and investment. It has also offered to negotiate a more liberal bilateral investment promotion and protection agreement (BIPPA).
After a gap of almost two years, India and Nepal are all set to resume trade talks. Commerce secretaries from both the sides will meet in New Delhi on August 24 and 25 for consultations and to review bilateral trade, investment, infrastructure and transit issues.
The ninth ministerial meet of the BIMSTEC failed to announce the date for implementing the already agreed upon free trade agreement.
Minister for Finance Dr. Ram Sharan Mahat led the Nepalese delegation to the Ninth BIMSTEC Ministerial Meeting held in New Delhi today.
The Bay of Bengal for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), a regional trading bloc of seven South and Southeast Asian countries, is giving final shape to its free trade agreement in Colombo this week.
The Indian government plans to broadbase the scope of the bilateral Indo-Nepal treaty for trade to make it less import-centric and more comprehensive and mutually beneficial.
Both government and private sector are showing lackluster preparation for implementing the South Asian Free Trade Agreement (SAFTA), even as the date is approaching for the formal enforcement of the agreement in Nepal.
The tenth meeting of the BIMSTEC Trade Negotiation Committee (TNC) began here in the capital today.
The Bangladesh commerce ministry is going to consultants to run a study to identify the benefits and possible risks of signing any bilateral trade agreement (FTA) with neighbouring countries.