Trade Deficit: Navigating the Complex Route to Success
By Ishan Sigdel for TES News
Kathmandu, September 11
Trade Deficit: Navigating the Complex Route to Success
By Ishan Sigdel for TES News
Kathmandu, September 11
The GSL for today began with the delegate of Swarnim Wagle discussing and sharing points on how the delegate's party, acting independently, helped to solve the trade deficit problem while others sat and watched.
"Because Nepal is a landlocked nation, it has experienced a number of drawbacks that have aggravated the brain drain issue.Many parties are unaware of how expensive trade is becoming on a daily basis.” The delegate of Swornim Wagle expressed his worries.
The committee members appeared astonished by that comment, and the Swornim Wagle delegate was instantly barraged with inquiries.
"How is the delegate party contributing to the improvement of trading efficiency and decreasing trade deficiency?"the delegate of Sudan Kirati inquired.
The delegate of Swornim Wagle replied calmly to all the inquiries about his party's actions on the matter at hand.
"All of our party members use and promote Nepali products. Our party has engaged in negotiation with many countries and corporations who are the key importers for Nepal. We have assisted the government to invest in the best transportation and logistics,”the delegate of Swornim Wagle said.
The delegate of Sudan Kirati looking satisfied with the answers of the delegate of Swornim Wagle the next GSL began.
"Trading is one of the most significant aspects of the nation and the largest economic contributor. Since Nepal is on the verge of experiencing an economic crisis, attention should be paid to it rather than ignoring it as it has done for more than ten years.Now, the entire nation should concentrate on advancing trade and industrial development”the delegate of Shekar Koirala said.
Immediately after the end of the delegates GSL the delegate of Sobita Gautam seemed eager to ask a question.
“What has the delegate’s party done to support small and medium enterprises which are also a big part of contributors to international marketing? ''the delegate of Sobita Gautam inquired.
Without hesitation the delegate of Shekar koirala answered the question of the delegates parties activities.
“The delegates party is one of the major contributors to help support small and medium enterprises as we use the products and services given by the enterprises in our country”said the delegate of Sobita Gautam.
All of the delegates participated in a very productive first day of the last session.Everyone in the conversation looked eager to express their ideas and viewpoints on the subject.