You know?

Lets go back to

1989…
Changes:
• New laws and amendment to the existing laws,

• Setting ceilings,

• Implementation of TRIPs and SPM by the end of 2006,

• Abolition of exports subsidies for agricultural products,

• Incorporation of Most Favored Nations (MFN) and National Treatment Principles,

How Nepal making use of those privileges?
Enjoys trade preferences in two ways:

 Bilateral trade negotiation with India

 Privileges offered unilaterally by the industrialized countries.

Contd.
• Agreement on Agriculture (AOA),

• Sanitary and Phytosanitary Measures (SPM),

• Technical Barriers to Trade and Customs Valuations,

• Import Licensing, Subsidies and Antidumping,

• TRIPs and TRIMs

• Duty-free Quota-free Access

• Trade Facilitation Agreement

References
• http://agrieconomist.blogspot.com/2012/11/world-trade-organization-and-
nepalese.html
• https://www.nrb.org.np/red/publications/special_publication/Special_Public
ations--WTO_and_Nepal_(April_2002).pdf
• https://www.adb.org/sites/default/files/linked-documents/50254-001-ld-sd-
06.pdf