"World trade organization in the eyes of nepal" "World trade organization in the eyes of nepal" What are the thoughts of Nepal regarding the role of the WTO and its impact on the economic growth and d

******** of ***** ***** ************* ** **************** Approach **** ******** ***** Trade ************ ** ******** known ** the WTO is an ************ *********** in **** *** *** ********* *** ********** of ************* ***** *** **** **** ******** ****** ****** trade **** **** *********** *** economic ****** *** *** ******** ***** **** its **** ** ***** ** **** For ***** ********* ** ******* *** *** international ***** *** ***** impact *** **** decisive in ***** ****** economic ****** *** *********** **** *** global economy ** *** ***** to ******* in this ***** *** ****** ** *** *** **** ***** **** ********* *********** focusing on ********** opportunities and ****** ************* Nepal's **** ** ********* ** ****** ** *** bad infrastructure poor governance *** ********* ********* ****** ***** *** ****** ***** ****** joining *** *** *** membership ** ***** in *** *** was ******* lobbied ** international ************ **** ** *** ***** Bank *** ****** ** ***** ********** *** ***** ** ***** into *** world ******* via *** *** ***** ********* *** process ** ***** ************** *** ******** ********* ** *** *********** accession ** *** WTO ***** *** ****** for foreign ****** ****** ********* ******* and access to *** multilateral trading system The country believed that ******* *** *** would ********* *** ****** **** enhance *** *************** and eliminate ***** barriers ** *** application ******* ** ****** ** *** *** * ****** ** ********** have emerged 2 Economic Impact ** ******* ***** *** ****** ******************* ********* **** *** WTO ***** has performed relatively **** **** regard ** ***** ************** *** ********** ******* *** tariff **** *** ********* some ****** ********* ****** ** *** ******** **** **** the reduction ** ***** ******** Nepal's ************* *** heavily ************ on ******** carpets agricultural ******** and travel-will also ******* ***** the *** and *** *** ******* ****** preferential ****** ****** to the ************** ******* ***** by ******* implies that **** ******** *** access ******** ******* ********* *** quota-free But the ****** ****** ** exports has nevertheless **** ****** ***** ****** access ** foreign ******* benefits ***** *** exports have found ** ***** to ******* *************** *** ** **** ********** costs a shortage ** ************** *** ******* ************* capabilities ******* ** the narrow ****** **** and high ********** on *** commodities and ******* the ******* ******* ********** ** such changes in trade regulations *** external ******** shocks 22 Indirect ******* ********** ********* ******* ****** ********** ***** in ***** *** *** ** *** ******** ********** ** *** membership ** *** anticipated **** the ***** *********** on ********** ********** *** transparency ***** ******** investor confidence and draw ******* investment **** ********* industries ********* ************* ******* and ********** Even ****** FDI ******* **** ********* ******** ***** ***** joined *** *** *** ****** ******* ****** ***** **** in drawing sizable ******* *********** *** **** ** proper ************** ************ ************ *** ********* **************** **** all *********** ************* ********* **** ****** sustained investments ** *** nation 23 ******* ********* *** ******** GrowthWTO membership *** ******** ******** *********** ** ***** ****** *** ************* ************* reforms **** **** *********** ** *** ********** which has increased ***** ********** for ******** *********** *** ******* ** ******* ******** improving standards of products *** increasing efficiency in ********* ********** trade ***** measures **** therefore ******* growth ** *** ******* ******** ** *** **** ****** **** **** *** **** ******************** ******** ****** ******** ******* ********* *** ******** * big ***** ** ***** The ***** ************** ****** **** ******* *** hurt others on account of ********* ******** ** ******* ********* ** ***** *** services *** ********** ******* ** ***** ***** ***** ********** of ******* *** *** have not ******** down ****** *** ********** prevalence ** ******* ** *** ******* *** ********** by ** ************** *********** sector *** insufficient job **************** ******* Challenges Within *** *** *********** ********** *********** ******** economy is **** ************* ** ******* ********** ********** **** hamper ** from ********* all *** ******** ***** ** should **** ** * result of ********* ** *** *** These ******* * ****** ********** **** *** ************ ****** *** insufficient ************** Most *********** **** **** *** ** *** labor ***** ******* ** *********** *** ******* ** ********** ********** ** fluctuations ** *** ***** of commodities ** *** ************* ****** ************ there *** been a limitation in *** Nepalese export ********* ******* the ************ ****** has been ****** to *** up * **** *********** ** ******* ******* and **** ************* ****************** challenge to the ******* ** ***** ** the **** ** **************** this is where *** country ****** ******* ** * *** sectors ********* ******* *** remittances ************ *** economy ******* **** ********** to ********* ****** **** as *** ******** ******** *** **** ****** ********* ****** *** *** **** ********** ***** have had ******** ************ *********** ****** *************** membership with *** *** has ********* ****** ****** in ***** **** ****** * strong obstacle to ***** ******** ******** are ***** ****** ** meet *** ***** ******* standards ******** and ************* ********** *** ***** ********* ************ ********** ** ********* ********* **** problem ** ******* ********** ** *** **** that the **** ********** for testing ************* and regulation in Nepal *** seriously frustrating the ******* ** *** ****** ** export ** ********* where ********** demand ********** ********** for CapacityNepal is a ***** ***** ********* country *** ** ******* ** a position to ********* ***** ********** ***** the *** regime Quite often *** ******* ***** ********* resources and technical ********* ** ******** *********** ** ***** trade ************ For **** **** reason Nepal ****** ******** the *********** ** the multilateral ******* system ************* ******* *** **** of **** ******* ************* and *** agencies It ** **** *** Nepal ** represent *** interests ** the *** ***** ********** **** up ******* **** powerful *** bigger ********* For ******* ***** *** ****** ********* **** ********** ******** ****** *** Doha *********** ***** which ****** to address the issues ****** **** *** least-developed nations *** ****** *** ***** been **** *** ****** *** **** excluded **** ******* **** address ************ ***** ********** ** ***** ** ** ****** * **** ***** Nepalese ******** to *** ***** ********* ********** for ******* *** ************ ********* (S&D)Being * least developed country ***** ** ******** to * ****** ** WTO special *** ************** ********* ********** In this ****** ** can ** **** **** these laws provide an ******** ********** period *** *** ************** of ******* *** agreements ********* ******* and ************ ****** access *** Nepalese ********** *** **** making **** ******* ** apply ***** laws ** *** ******* to ******* *** ********** industry *** *** **** capacity ************** instance it *** ********* from *** ***** ****** of ************* ******* of ************ Property ****** allowing *** ***** ********* ********* to ***** *** *********** ** ***** *** commitments This ****** *** allowed Nepal ******* ********* *** ************* patent ************ ** ******* its ************** ******** through *** ************* ** ******* *************** Technical ******* and ******** *********** ** *** been collaborating **** ******* ************* ************* **** ** *** World Bank UNCTAD *** *** in building *** ********** ********** ***** ************* **** ******** ********* ********** and training ** ***** *** ********* *** *********** ******** ***** infrastructure and ************* of ******** laws ** line **** ************* ************ ******** ********** ********* ** the *********** *********** ******* ** assist **** ** *********** **** *** global trading ****** *** ** *** ********** ****** much in Nepal's ***** *********** *** ******* has **** **** ******* ******* *** technical support from *** EIF ** *** pursuit to ****** ******* ************* trade ******* *** ********* ** its products *** ******* ******* ************** Integration ** *************** with WTO ********** ***** *** followed ******** ***** *********** ********* *** ********* ** ******* ** *** ****** *********** ** is * ****** ** ******* *** SAARC ** these regional ********** **** ************* **** arise *** Nepal ** ****** ***** **** *** neighbors ** *** ************** India **************** decrease ********** ** ******* ********** The *** Forward: ************* ** ******* ********** ** the *********** ***** *** benefited a *** **** *** *** membership *** country still *** to ********* huge reforms *** ********* ******** ** ***** ** gain ******** ******* from *** multilateral ***** ******** Increasing *************** and InfrastructureThe country ****** **** *** ******** ** ************** ************ in *** ***** ** *********** telecommunications *** ************** ** order ** ******* *************** ** ************* ***** ******** ************** **** translate **** ****** ************** ****** ********** ********* *** ** lower production ***** *** more ******* ********** *** policy for creating industrial ***** *** ******* ******** zones *** stimulate ** ******** in exports *** ***************** ********* *** ****** *************** ***** should ***** on ***** addition ***** **** ************** ******** and *********** ** diversify *** ****** ****** *** ********** ****** facilitate innovation entrepreneurship *** ********** ******** ** build * resilient *********** economy53 ******** Institutional ************* ****** ************* in *** ************ of *** *** and ** ******* its interests ***** ***** ** ********** *** ************* ******** **** consists ** ********** ** *** ******** ** ***** ********* ******** research ******** and forging ************ **** ************* ******** for ********* support In summaryThe *** has ****** availed the *********** ** Nepal ** ******* ***** ************** gain *** ******* *** get ****** integration **** *** ***** ******* *************** daunting ********** ******** ** ** ***** by *** ****** in ******* ** ********* *************** nontariff ******** *** restricted capacity ** ********* ****** *** **** ****** ** years **** of ***** ********* *** ** ******** ** ***** **** *********** ******* **** ***** *** ** fully ******* *** *** ********** ****** attaining ********* economic ****** ** a sustainable ******