Nepalese Clothing And Garment Exporters Seek Tariff Free Access To The US Market
Nepal Ready-made clothes Exporters of clothing (RMG) are working hard for 10 kinds of clothing and Cashmere Clothing for tariff free access to the United States market treatment, they submitted a petition to the US Trade Representative (USTR) office, asked the United States to allow these products to enjoy the treatment of universal preferential treatment (GSP).
According to the GSP system in the United States, the series of goods registered in the office of the United States trade representative can enter the US market without tariffs. The office of the United States trade representative changes the list of Customs free goods every 10 years. This system mainly helps the most underdeveloped or developing countries to develop trade.
This year is the year of the GSP list adjustment. Therefore, the exporters of garments and garments make use of this opportunity to petition the US Trade Representative Office for the 10 products made by Nepal to join the list.
Although there are 60 different clothing products in Nepalese export products, the Nepali association only mentioned the main products in the petition, such as men's trousers, shirts and shorts 。 In addition, Nepal also wants to add two cashmere products to the list, Nepal for the two products of global exports.
Exporters hope that the office of the United States trade representative can meet their requirements. They believe that if the United States allows their demands, the Nepalese clothing industry will see the dawn of new hope.
Industry experts estimate that this preferential tool may directly help exporters to double exports to the United States. As a result, the machines that will stop running in the garment industry will once again be alive, and will encourage new investments and create new jobs.
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