Trade AgreementsView All
India - Nepal Treaty of Trade
Area of Cooperation
January 1, 1991
In Force Date
December 31, 1969
The government of India will allow Nepal customs duty free access to the Indian market. The treaty has had a positive impact on Nepal in both trade and economic development. The treaty gets renewed every five years unless a party wishes to end the treaty.
|Rules of Origin|
i. Change in tariff classification
ii. Value added minimum 35%
iii. No specific process required
i. Anti - Dumping: n.a.
ii. Countervailing Duties: n.a.
iii. Safeguards : Allowed
i. “Indo-Nepal trade treaty to be recast” http://www.bilaterals.org/article.php3?id_article=4447
ii. “Indo-Nepal trade treaty renewed” http://www.hinduonnet.com/2002/03/03/stories/2002030300851100.htm