A high-level discussion program titled "Nepal-US Trade: Opportunities and Challenges" was held in Kathmandu on June 11, 2025, to assess the impacts of the recently introduced U.S. Reciprocal Tariff policy and chart a strategy for safeguarding Nepal’s trade interests. The event was jointly organized by the Garment Association Nepal (GAN), Nepal-USA Chamber of Commerce and Industry (NUSACCI), and Nepal Carpet Manufacturers’ and Exporters’ Association (NCMEA).
The program brought together government officials, trade experts, and private sector leaders, who expressed serious concern over the 10% baseline tariff imposed by the United States on Nepali goods. Speakers warned that the policy could significantly harm key export sectors such as garments, footwear, handicrafts, and carpets if Nepal fails to negotiate favorable terms.
In his welcome remarks, GAN President Pashupati Dev Pandey highlighted that the United States is Nepal’s second-largest export destination, accounting for 11.4% of total exports in FY 2080/81. He called for immediate diplomatic engagement with the U.S. to secure more favorable tariff arrangements and to extend the Nepal Trade Preference Program (NTPP), which expires at the end of 2025.
NUSACCI President Kiran Prakash Saakha emphasized that Nepal must use the 90-day pause period provided by the U.S. to present strong, data-backed justifications for tariff exemptions. He noted that Nepal’s trade volume with the U.S. is too small to contribute to the U.S. trade deficit and warned against inaction as over 70 countries have already initiated talks with the U
