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 Discussion Forum > General Forum > Nepal's clothing makers at risk - BBC News
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ss1212             Reply | Notify Admin
 12/28/2004 10:18:45 PM


Nepal's clothing makers at risk
Charles Haviland
BBC News Nepal correspondent

Nepal is among those countries which could lose out badly from the ending of the Multi-Fibre Agreement when it lapses on 1 January, 2005.

Nepal's clothing industry, based on stitching fabric to make ready-made garments, has steadily grown over the years and now accounts for more than one third of export earnings.

But with the abolition of the MFA, its giant neighbour India is expected to win a bigger slice of the world's textile trade, and Nepali clothing makers could find themselves squeezed out.

That is because MFA quotas set limits on how much an individual country can export, a system that created an opening for small developing nations.


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