Related Keywords: Generalised System of Preferences, MoCS, Nepali readymade garment industry, TIFA, US government, US market
The Ministry of Commerce and Supplies (MoCS) has proposed to hold the long overdue talks on Trade and Investment Framework Agreement (TIFA) with the US government next month.
Nepal and the US had signed TIFA on April 15, 2011, to monitor trade and investment relations between the two countries, identify opportunities for expanding trade and investment, and identify relevant issues, such as those related to the protection of intellectual property rights, worker rights, and the environment.