Nepali-German Trade Promotion Programme Concludes

TPP Enlarge image (© German Embassy Kathmandu)

Nepali-German Trade Promotion Programme (TPP) celebrated its achievements on December 19, 2017 amongst the presence of 90 participants representing Nepal’s ministries, private sector associations, think tanks and development partners. 

 

The programme has been implemented from early 2013 to end of 2017 under the guidance of Nepal’s Ministry of Commerce (MoC) in cooperation with German International Development Cooperation-GIZ, on behalf of the German Federal Ministry of Economic Cooperation and Development.

 

In their key remarks addressing the event, MoC Secretary Mr. Chandra Kumar Ghimire and the Head of German Development Cooperation in Nepal Dr. Claudia Hiepe congratulated the programme and partners for their achievements. Major areas of success were identified as supporting the implementation of Nepal’s Trade Integration Strategy, support to the priority value chains of honey, ginger, footwear, silver jewelry and medicinal and aromatic plants.

 

Outlining the importance of trade for economic growth, Secretary Ghimire asked private sector representatives to come up with concrete recommendations for the action plan to reduce Nepal’s trade deficit. The action plan will be presented to Prime Minister’s office for implementation once the new government comes into office, for which the process is underway after elections. 

 

The private sector associations, represented primarily by their Presidents and executive members, shared their appreciation for TPP and thanked the German and Nepalese Governments for assistance primarily in areas of policy advocacy and improving access to international markets.