Wednesday Aug 17, 2022
Wednesday Aug 17, 2022

Business entities cooperate to reduce trade loss


Nepalnews
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2022 Apr 19, 8:07, Kathmandu
A woman making jute baskets. Photo: NepalNews

Nepal Chamber of Commerce and Nepal Handicrafts Federation have decided to work in cooperation in a bid to reduce the trade deficit. Realizing the fact that Nepali handicrafts have established Nepal's identity in the international market and contributed to reducing trade loss, they have agreed to further cooperation.

Chamber Chairperson Rajendra Malla informed that they would work in collaboration on the facilitation of handicraft export and removal of hurdles on customs. Similarly, they would work together on producing and utilizing raw materials.

Malla further said he would make the utmost initiative to ensure the entry of Nepali handicrafts to the international exhibition. He said it while welcoming the newly elected working committee of the Handicraft Federation on Monday.

The handicrafts industry has not only promoted and protected indigenous skills but also helped establish cultural identity.

If the State provides grants, this industry could thrive more with the handicraft exports to the US, European countries, Japan, China, India, and Korea.

On the occasion, Federation Chairperson Prachanda Shakya viewed they were facing problems in customs for the export of handicrafts. He requested the Chamber for facilitating to resolve of the problems.

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Nepal Chamber of Commerce Nepal Handicrafts Federation trade deficit Nepali handicrafts export exhibition cultural identity indigenous skills
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