KATHMANDU, Feb 2: Finance Minister Dr Prakash Sharan Mahat has underlined the need of promoting export trade as the backbone of a nation's economy.
In his address to the fourth anniversary of Federation of Exports Entrepreneurs Nepal here today, the Finance Minister stressed that Nepal should focus on producing typical and specific goods instead of high technology-based goods.
"The future of export trade is brighter and the government is doing its best to build an atmosphere favorable for the export economy. Nepali products are unique and original for export. "
Nepal exported goods worth Rs 152 billion in FY 2023/24, markin...
He also took time to say that it is irrelevant to raise the issue of SAFTA by overlooking possibilities to secure benefits from a trade agreement with India. "The role of exporters is equally significant for economic growth, employment creation, revenue growth and for the promotion of sustainable development," he further added.
He further said that the government is currently unable to address the genuine concerns of FENN due to availability of economic resources in the country. He assured that the government will consider their concerns when time turns favorable.
