Nepal Foreign Trade Association Welcomes Government Amendments to Business Laws

The Nepal Foreign Trade Association (NFTA) has welcomed the government's recent amendments to the Black Market Act and other laws, which it had long been advocating for. The association believes these changes will foster a more business-friendly environment and increase investment in the sector.

It expressed gratitude to the government and emphasized the importance of effectively implementing the new provisions. The association anticipates these amendments will boost market demand, strengthen business morale, and send a positive signal to investors. To address entrepreneurs' concerns, it also urged the swift passage and implementation of the Customs Bill 2080, which is currently under parliamentary discussion.