Kathmandu, June 5
Commodity
exporters have demanded 10-15 per cent cash incentives on exports at par the
neighbouring countries.
Saying that the exportable goods of Nepal are about
18 per cent expensive compared to its South Asian peers due to its landlocked
status which increased transportation costs, they demanded additional cash
incentives to promote export of Nepali goods.
"The government had announced to provide 3-5
per cent cash incentives on export, but it has not paid it to the exporters
till now," 11 commodity associations said in a statement on Wednesday.
Commodity associations of handicraft, pashmina, handmade
paper, tea, woollen, silk, carpet, garment, herbs and herbals and felt and
Nepal Export Council jointly organised a programme to say that the budget of
the next Fiscal Year 2019/20 failed to address their various demands.
They demanded concessional loan, refinancing with
4.5 per cent interest rate and one-year renewal period and 3 per cent interest
on the loans on fixed capital.
Provisions of project financing, 10 per cent bank
loan mobilisation in export-related industries, and five-year income tax waiver
for the newly set up export-oriented enterprises and three-year for the
companies that are already in operation are other demands.
"Internationally accredited lab should be
established at the earliest. Likewise, the government should facilitate in the
import of camouflage cloth, value chain development, collective brand creation
and promoting Nepali goods in the international markets," they said.
Similarly, the exporters demanded increase in the
participation of Nepali producers in the international trade exhibition and
fairs and mobilise the Nepali missions abroad for trade promotion.
They also suggested implementing special labour act
for the industries that run on seasonal basis.
Published in The Rising Nepal daily on 6 June 2019.
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