Minister for Industry, Commerce and Supplies, Ramesh Rijal, has urged all to play their part with honesty to reduce trade deficit.
Minister Rijal said so in a meeting related to trade deficit reduction action plan and implementation of Nepal trade integrated strategy organised at the Ministry on Wednesday.
Saying policies are formulated in the country, but implemented less while the implemented policies too have not got the desired results, he pointed out that support of all sectors was necessary in trade deficit reduction.
Minister Rijal mentioned, "Success will be achieved in export trade promotion, trade deficit reduction and current situation of earning foreign exchange by running targeted activities with required resources as per the Nepal Trade Integration Strategy, 2080."
A National Action Plan related to Trade Deficit Reduction was passed by cabinet on April 11 to address the increasing trade deficit.
A cabinet meeting held on May 9 had passed Nepal Trade Integrated Strategy, 2080.
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