KATHMANDU, Nov 26: The Department of Commerce, Supply and Consumer Protection Management is preparing to revise the list of essential commodities to ensure smooth supply, price stability and adherence to quality standards.

KATHMANDU, Aug 21: In a major agreement that is expected to ease the import and export of various food items between the two countries, Nepal and India have agreed to recognize each other’s inspection, testing and certification of a number of exportable goods such as vegetables and fruits conducted by their relevant bodies.

Govt raises export cash incentive to 5%

February 16, 2019 10:57 am

KATHMANDU, Feb 16: The government has increased the upper limit of cash incentive to five percent of the total export value on certain goods and products.

KATHMANDU, Feb 2: Goods that Nepal will export in the coming months from Special Economic Zone (SEZ) will be made of imported raw materials, save for a handful products that will use Nepal’s own raw materials.

How can we improve our export?

November 4, 2018 00:10 am

Nepali industries have been receiving protection for many years. The protection has resulted in our industries not willing to go beyond the home market. It is a great irony that Nepali industrialists and traders are still looking for the assured market.

KATHMANDU, Sept 12: Nepal Police have seized different goods and materials worth amounting to Rs 120 million while being imported to Nepal evading customs.

INDIA, Aug 4: Indian authorities decided in June to increase import levy from August 4 on some US goods, including almonds, walnuts and apples, however, the move was later delayed.

WASHINGTON, Aug 1: US President Donald Trump is considering increasing the proposed tariff on $200 billion worth of Chinese imports from 10 percent to 25 percent, US-based media reported on Tuesday.

IRELAND, July 12: Ireland becomes the first country to ban trade with Israel's illegal settlements. Ireland is on its way to becoming the first country to prohibit "the import and sales of goods, services and natural resources originating in illegal settlements in occupied territories."

KATHMANDU, July 6: Street vendors, hawkers and small-time traders have urged the government to designate them a place to carry on their business in the backdrop of a massive crackdown launched by the Kathmandu Metropolitan City (KMC).

MOSCOW, July 6: According to the Minister Maxim Oreshkin, Russia plans to tax $87.6 million worth of US annual imports, while the remaining taxes could be applied within three years in order to compensate for $537,6 mln, which Russian exporters lost due to the tariffs in the US.

KATHMANDU, July 6: Street vendors, hawkers and small-time traders have urged the government to designate them a place to carry on their business in the backdrop of a massive crackdown launched by the Kathmandu Metropolitan City (KMC).

WASHINGTON/BEIJING: U.S. President Donald Trump threatened on Monday to impose a 10 percent tariff on $200 billion of Chinese goods, prompting a swift warning from Beijing of retaliation, as the trade conflict between the world’s two biggest economies quickly escalated.

WASHINGTON/BEIJING, June 16: U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world’s two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind.

KATHMANDU, April 19: Former football captain of Sarswati Youth Nepal, Dipesh Shrestha, 26, has been arrested on the charge of theft with stolen accessories from his room in Kapan.

APF seizes goods worth Rs 200 m

March 17, 2018 11:47 am

RAUTAHAT, March 17: Mid-Regional Armed Police Force Office has seized goods worth Rs 200 million in the last four years.

BIRGUNJ, March 15: Traders have started stockpiling imported goods at the dry port after Minister of Finance Yuba Raj Khatiwada directed customs valuation to stop undervaluation of goods at the customs points.

SIRAHA, March 9: Customs officials seize goods smuggled into Nepal from India, but smugglers manage to flee. This is a new trend that has emerged in customs offices of Siraha in recent months.

SIRAHA, Mar 7: On January 15, a team of customs officers confiscated a huge stock of clothes illegally imported from India from a go-down near Golbazaar Police Office.

FEB 21: Argentina icon Lionel Messi denied Chelsea a famous victory with his first goal in nine matches against the Blues to hand Barcelona the edge in this engrossing UEFA Champions League round-of-16 opener.

Expired goods sold to hilly markets

January 20, 2018 01:29 am

BAITADI, Jan 20: In recent days, the hilly districts of the Far Western Region have emerged as major markets for the expired goods and products. Especially, the products used during festivals like New Year, Gaura among others are sold to markets of Baitadi and other hilly districts after getting expired.

JHAPA, Jan 17: The country's dependence on other countries for agricultural goods, despite plentiful production possibilities within the country, has been ever increasing.

NUWAKOT, Jan 2: The relief goods including food grain and other food stuff brought here to be distributed to the earthquake survivors have been destroyed as they have become useless.

KATHMANDU, Dec 15: Footwear Manufacturers' Association of Nepal (FMAN) is organizing 14th Footwear and Leather Goods Expo  in Kathmandu December 28.

KATHMANDU, Dec 4: At a time when the Ministry of Commerce has proposed to discourage import of nine products, mostly luxury goods, to narrow down widening trade deficit, economists have suggested that the government move ahead wisely to get expected result rather than just making it an act of market intervention.

KATHMANDU, Sept 13: The government has registered the Disaster Management Bill at the parliament secretariat, proposing punishment for those misusing relief goods, hiking the prices of necessary goods, spreading terror, and obstructing relief distribution.

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.

BIRGUNJ, Aug 1: More than 96 percent of containers that enter Nepal carrying third-country imports from Indian port have been returning to India empty for the past 13 years as they do not get goods for the return leg.

KATHMANDU, July 23: Handicraft goods worth Rs 4.80 billion has been exported from the country in the fiscal year 2016/17.

KATHMANDU, July 19: Various goods as wine, cigarette, beer, chocolate, liquor and beverages imported by National Trading Corporation Limited for sale have gone to waste.

KATHMANDU, June 7: The Nepal Bureau of Standards and Meteorology (NBSM) has implemented the revised provision in regard with the obtainment of Nepal Standard Certification (NSC) mark while importing 11 sorts of foreign goods.

Goods worth Rs 27 billion exported

January 14, 2017 18:00 pm

BIRATNAGAR, Jan 14: Goods worth around Rs 27 billion were exported to India and the third countries from the eastern point of Nepal in the last fiscal year.

KATHMANDU, Sept 17: Minister for Supplies, Dipak Bohara, has said the government won't let the chance that the traders sell the contaminated, date expired and stale goods.

KATHMANDU, Aug 31: Department of Revenue Investigation (DoRI) last week seized eight containers and trucks that were found supplying illegally imported goods to different parts of the country from Kathmandu.

KATHMANDU, Aug 29: Giving respite to consumers who have been badly hit by inflation and overpricing, the government has announced subsidized rates for essentials including cooking gas, lentils, rice, ghee, oil, sugar, paneer and goats throughout the upcoming festive season.

KATHMANDU, July 6: The United States Trade Representative’s (USTR) office has announced the Annual Product Review under the Generalized System of Preferences (GSP) program.