Nepal is currently in the process of accession to the World Trade Organization (WTO). The accession process and negotiations are intricate and the commitments to conform to the rules and disciplines of WTO agreements have far-reaching re percussions on the economy of a least-developed country...

Nepal’s policy regime has not been very instrumental in improving trade competitiveness. Although policy measures have been announced from time to time to identify new exportable products and encourage diversification of export markets, these have hardly been executed. The challenge for Nepal...