KATHMANDU, April 12: The war in the European continent has its impact on the handicraft industry here in Nepal. President of the Federation of Handicraft Associations of Nepal, Prachanda Shakya, said handicraft exports to Europe have decreased by 20 percent.

According to him, goods like hand-made paper, pashmina, felt and others are exported in large volumes to Europe. Handicraft goods worth Rs 6 billion were exported to Europe last year. Shakya shared that the exports have gone down by 20 percent this year.

"The war in Europe has affected the handicraft trade of Nepal. However, handicraft export to other countries is moderate," Shakya said.

As per the Federation's data, handicraft and sculpture items worth approximately Rs 12 billion are exported from Nepal. Handicraft exports in the two months – Mangshir and Poush – alone are worth Rs 8 billion.

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