EU-Nepal TIP to boost pashmina business in Nepal

Published On: March 31, 2021 11:58 AM NPT By: Republica  | @RepublicaNepal


POKHARA, March 31: The EU-Nepal Trade and Investment Program (TIP) organised a workshop in Pokhara on 25 and 26 March 2021 in order to boost the pashmina business in Nepal.

Pashmina stakeholders along the entire value chain from fibre production to manufacturing and export validated the Pashmina Sector Export strategy to strengthen backward integration in Nepal, according to a press statement issued by the office of European Union to Nepal.

The EU-Nepal TIP facilitated views from more than 40 stakeholders from federal and provincial governments, public institutions, business associations and development partners, to validate the plan of action of the Pashmina Export Strategy, focusing on backward linkages and fibre production.

The participants also discussed the pilot support activities in Mustang planned under the EU-Nepal TIP to create business synergies between the manufacturers and the goat farmers harvesting pashmina fibre, reads a statement issued by the organizers.

Dinesh Bhattrai, commerce and supplies secretary at the Ministry of Industry, Commerce and Supplies (MoICS), chaired the consultation along with Durga Prasad Bhusal, the program’s Focal Point and Under Secretary at MoICS.

The Pashmina Sector Export Strategy includes a detailed five-year plan of action with a set of activities to provide a solid foundation for the growth of the sector, including the development of backward integration. To support these efforts, the EU-Nepal Trade and Investment Programme will work closely with and capacitate Chyangra pashmina farmers to benefit from fibre value-addition and improved competitiveness.

 


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