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GAN delegation seeks incentives to boost exports

Nepal’s local apparel manufacturers have sought incentives from the government to boost exports. In a meeting with Finance Minister Krishna Bahadur Mahara, a delegation of Garment Association Nepal (GAN), an umbrella body of readymade garment producers and exporters said if the government extends some facilities as per their demand, they would expand their export base by three folds within three years.

Submitting a memorandum to the finance minister, the Association asked for the expansion of refinancing period for export-oriented industries, 10 per cent export incentive, end to strikes and bandhs as well as introduction of hire and fire provision in the labour act to boost exports. GAN has said that they will be able to compete with other garment exporters in the global market if the government provides these facilities.

 
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