Nepal's Garment And Garment Industry Resumed Operation
With the adjustment of the tax exemption and loss reduction mechanism and the application for approval, Nepal
Garments and garments
Industrialists began to resume operations in 2010.
The GSP system (GSP) has increased.
Nepal
The 11 export products, including the shawl, have been submitted to the US trade representative by the Nepali clothing association (GAN), bringing 11 different types of export products into this year's GSP.
The Nepali clothing association also applied for derogation from the EU's GSP system on the clothing originating from Nepal, and adjusted the tax exemption and loss reduction mechanism.
Pandey, the first vice president of Nepali clothing association, said: "the United States will adjust in December.
Generalized system of preferences
Such an adjustment is carried out every 10 years.
We take this opportunity to propose to the US trade representative the inclusion of 11 Nepalese export products in the GSP. "
Similarly, the Nepali clothing association also proposed to the European Union to extend the EU's derogation mechanism to Nepal for two years, and Nepal began to enjoy the benefits of this mechanism since 2004.
The Nepali clothing association has submitted such an application with the support of the Ministry of Commerce and materials.
The shawl, men's shirt, trousers, skirt, dress, sportswear, T-shirt, vest, scarf and shawl dress were included in the application.
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