npl977 >
NE
Economy / Trade
OnlineKhabar English News The Diplomat Nepal Peoples' Review
4 sources · 4 articles
Started 1 week ago · Updated 6 days ago

Nepal-India Economic Connectivity Seminar Held; Tea Exports Resume

Photo · english.onlinekhabar.com

A seminar on Nepal-India Economic Connectivity was held in Kathmandu, where experts discussed enhancing bilateral economic engagement and addressing challenges in sectors like energy and tourism. Meanwhile, Nepal's tea exports to India have resumed after India withdrew mandatory testing for shipments, resolving a nearly three-week disruption.

  • The seminar, organized by CESIF Nepal, emphasized the need for strategic and practical engagement with India beyond Nepal's geographic positioning.
  • Key recommendations included stronger coordination mechanisms, reduced bureaucracy, and infrastructure upgrades in energy, tourism, and digital connectivity.
  • Speakers highlighted the importance of depoliticized, evidence-based policy approaches to address bilateral challenges.
  • India's revised order allows Nepali tea exports for domestic consumption to bypass mandatory testing unless random checks are deemed necessary.
  • Stricter rules still apply to tea re-exported to third countries after repackaging, which will undergo compulsory quality testing.

Timeline (4)

Share ↗
Related
India Nimesh Mani Risal Center for Social Innovation and Foreign Policy Vijay Kant Karna Kathmandu Tea Board of India

More in Economy

See all ›
Government Investment in Public Enterprises Nears Rs. 800 Billion Amidst Declining Dividends Government Investment in Public Enterprises Nears Rs. 800 Billion Amidst Declining Dividends

Government investment in public enterprises (PEs) has reached nearly Rs. 800 billion for the fiscal year 2024/25, marking a 13.44% increase from the previous year. Despite this growth, dividends have continued to decline, although the net profit of PEs saw a 12.03% increase to Rs. 45.08 billion in the same period. Finance Minister Dr. Swarnim Wagle presented the annual report on Public Enterprises in the House of Representatives.

3 articles · 1 hour ago
Nepal Rastra Bank Sets Daily Foreign Exchange Rates Nepal Rastra Bank Sets Daily Foreign Exchange Rates

Nepal Rastra Bank has determined and published the foreign exchange rates for various currencies including the US dollar, Euro, and British Pound Sterling for the current day. The central bank has stated that these rates are subject to revision at any time and may differ from those set by commercial banks.

9 articles · 3 hours ago
Nepal's Public Enterprises: 27 Profitable, 16 Incurring Losses, Ministry of Finance Report Nepal's Public Enterprises: 27 Profitable, 16 Incurring Losses, Ministry of Finance Report

A recent report from Nepal's Ministry of Finance reveals that out of 45 public enterprises (PEs), 27 were profitable in the fiscal year 2024/25, while 16 incurred losses and two have been shut down. Despite an overall increase in net profits by 12.03%, deep-seated structural and managerial weaknesses continue to impact these state-owned entities.

6 articles · 11 hours ago
Nepal's Economy Projected to Grow 3.85% Amidst Global Uncertainty, Finance Minister Reports Nepal's Economy Projected to Grow 3.85% Amidst Global Uncertainty, Finance Minister Reports

Nepal's economy is projected to grow by 3.85 percent in the current fiscal year, according to the Economic Survey presented by Finance Minister Dr. Swarnim Wagle. Despite global economic uncertainty and regional conflicts, the nation's macroeconomic indicators have shown improvement, with the total economy estimated to reach Rs. 6.6 trillion and per capita national income projected at USD 1,535.

25 articles · 12 hours ago