Nepali Times Asian Paints
Weather
Foreign trade decline



Nepal's total foreign trade in the first quarter of the current fiscal year (2002-03) has declined by over five percent. According to Nepal Rastra Bank (NRB), total exports plummeted by 20.5 percent while the total imports registered a marginal growth of 1.8 percent. The trade deficit during the period widened by a further 25 percent to Rs16.28 billion, the NRB said. During the period, trade deficit with India rose by over 90 percent to Rs 6.4 billion while trade deficit with the third countries rose by 2.1 percent to Rs 9.88 billion. Officials say the disturbance in law and order and a low demand for Nepali products in the international market has lowered the country's foreign trade.


LATEST ISSUE
638
(11 JAN 2013 - 17 JAN 2013)


ADVERTISEMENT









himalkhabar.com            

NEPALI TIMES IS A PUBLICATION OF HIMALMEDIA PRIVATE LIMITED | ABOUT US | ADVERTISE | SUBSCRIPTION | PRIVACY POLICY | TERMS OF USE | CONTACT