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7.17.2008

Potentiality in Service Exports

Nepal has comparative advantage over other countries in the region in terms of services like health, education etc. But only due to poor infrastructure, it is facing problems.There is also no strong political commitment to promote service exports. Students from India, Bangladesh, Bhutan come to Nepal for MBBS, MD studies. It is only due to studies in affordable cost!
The Three Year Interim Plan has recognized service business as an important contributor to the national economy. WTO has also recognized service business as trade.
Nepal lacks policies and modalities to take advantage from these prospects.
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