UK offers tariff-free access for 99% of eligible Nepali exports
Summary
Nepali exporters are encouraged to utilize the UK's Developing Countries Trading Scheme, which offers duty-free access to nearly 99% of eligible Nepali products, to boost exports and economic ties.
Key Points
- The UK offers tariff-free access to nearly 99% of eligible Nepali exports under the Developing Countries Trading Scheme (DCTS).
- Nepal benefits from flexible rules of origin, allowing input sourcing from up to 95 countries including India and Vietnam.
- Exports such as carpets, garments, pashmina, tea, handicrafts and home décor are highlighted as key opportunities.
- Nepali exporters are urged to enhance production capacity and meet international standards to fully exploit the UK market potential.
