ADB Approves $50M Loan to Boost Nepal’s Trade


 

The Asian Development Bank (ADB) has approved a $50 million USD loan to help Nepal boost its domestic and international trade. Trade and industry currently make up 14.1% of Nepal’s GDP. The Nepalese government aims to increase the trade sector’s contribution by improving trade and export promotion, enhancing customs and logistics systems, and strengthening the supply chain for primary products. This includes focusing on efficient transport, transit arrangements, and border procedures.

 

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