Garment entrepreneurs unclear of duty-free facility provided by US
Kathmandu March 7- Garment entrepreneurs in the country are keenly waiting for the visit of Deputy Assistant Trade Representative Dawn Shacklefor from the United States, which is scheduled from March 11. During the visit, Nepali entrepreneurs will be able to know about the items that will receive preferential treatment in the market of the world’s largest economy through the recently enacted Trade Facilitation and Trade Enforcement Act.
Through this Act, the United States has extended duty-free access for 66 Nepali items to its market including apparels to support higher and sustainable economic growth to help Nepal achieve its aspiration to graduate to the league of developing nations from its least developed status. However, the law has excluded a majority of apparel items which were exported to the US market during the period of quota system.
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