FNCCI urges China for duty-free access to Nepali goods

Published On: August 17, 2017 11:11 AM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Aug 16: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has urged the Chinese government to provide duty-free access to Nepali exportable goods.

Welcoming the visiting Chinese delegation led by Vice Prime Minister Wang Yan at FNCCI office in Kathmandu on Wednesday, FNCCI President Bhawani Rana made the request on behalf of the Nepali private sector.

Speaking with the Chinese delegates, Rana said: "We request for your support in enhancing Nepali exports to China."

"We are facing a huge trade deficit with China, and in this regard we especially ask you to provide duty-free access to potential Nepali exportable goods and services in China."

China is one of the leading development and trading partners of Nepal. It has been supporting Nepal's socio-economic development.

"Nepal is heading toward the path of prosperity, and we seek support from the Government of China and the Chinese private sector in enhancing our productive capacity, promoting investment, and creating economic opportunities in Nepal.” Rana said.

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