Nepali Prime Minister K P Sharma Oli has welcomed United States’ decision for the Bill that paves the way for duty-free quota-free (DFQF) entry of garments made in Nepal.
PM Oli also requested entrepreneurs in his country to make quality products affordable, yet globally competitive. The PM assured them to aid the business sector by resuming the border operation that has been obstructed by the ongoing Tarai unrest and the border blockade.
In this regard, in a meeting with the representatives of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI), the Confederation of Nepalese Industries (CNI) and the Nepal Chambers of Commerce (NCC), Oli urged entrepreneurs to increase the production of textiles.
“It would be a golden opportunity for the revival of the garment industry, which was the country’s top exporter one-and-a-half decade ago,” said the Prime Minister.
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