Nepal Trade-Related Assistance
Nepal: Trade-Related Assistance
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Nepal to boost economic growth through regional, global trade
Implemented by the International Trade Centre (ITC), this European Union-funded four-year project supports the sustainable and inclusive development of Nepal's economy, with a focus on exporting the country’s specialty coffee and luxury wool pashmina sectors.
Specialty Coffee and Luxury Wool
ITC is working on improving the field-to-market chain for the fine pashmina wool that is hand-gathered from goats living on the slopes of the Himalayas and then prepared for export.
The project includes the development of the Pashmina Export Strategy – a roadmap for the public and private sector to address the obstacles that limit the export of this product.
For coffee, ITC is helping map all the types of coffee grown and produced in Nepal. Based on those results, ITC can work with businesses to improve their coffee quality and to attract international buyers.
Leveraging trade
ITC is also bringing in international experts to work with Nepal’s Ministry of Industry, Commerce and Supplies and the Trade and Export Promotion Centre to formulate better trade policies, and negotiate and effectively implement trade agreements.
The project includes coordinating with Nepal’s Trade and Export Promotions Centre to provide trade and marketing intelligence tools and train government officer on how to best use that data to guide local businesses. This will help the country to better leverage international treaties and access international markets.
Sustainable Development Goals
<p>The project contributes to Nepal’s sustainable and inclusive economic growth and poverty reduction, and more specifically aims to increase trade and participation in regional and global value-chains. Next to support in trade policy and facilitation, the project focuses on expanding Nepal’s export base in coffee and pashmina value chain, by linking rural producers to exporters and connecting those to regional and international markets. </p>