Nepal Trade Integration Strategy (2023-2028).

This Strategy seeks to support the enhancement of domestic productivity and competitiveness for expanding international trade. The strategy aims to attain external sector stability and sets the goal of raising the export of goods and services ratio to 20 percent and the total trade to GDP ratio to 55 percent. The strategic framework consists of 3 pillars which encompass 13 strategies and 183 activities and interventions. The vision of the Strategy is to build robust external sector stability under the three pillars: 1. Building a supportive environment for trade; 2. Improving trade-enabling infrastructures, logistics, processes, and regulatory environment; and 3. Developing competitive products and expanding export market. The strategies and interventions under these pillars are cut across domains such as food and agriculture, infrastructure development, industrial products, investment facilitation, good governance and protection of intellectual property. It identifies the reforms required in labor, social inclusion and markets for building competitive capacity. The strategies include implementation of supportive macroeconomic policies, engaging subnational governments in ecosystem development, strengthening economic diplomacy and expanding bilateral and multi-lateral treaties, ensuring harmonization of policies on trade, investment, labour, gender equality and social inclusion, food quality enforcement, plant health standards.