Increasing by 8% annually due to growing demand for U.S. machinery and agricultural products
Special Rates
Preferential Rate
0% - 5%
Applicable under SAFTA (South Asian Free Trade Area) agreement for qualifying goods with Certificate of Origin from the United States, subject to quantitative limits under U.S. Note 13(b).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Extends Tariff Preferences for Nepali Goods Under GSP
The United States has renewed the Generalized System of Preferences (GSP) for Nepal, allowing certain goods under HS codes subject to quantitative limits specified in U.S. note 13(b) to enter duty-free. This aims to boost Nepal's export economy.
2023-09-15
Impact: Positive impact on Nepal's exports to the U.S., particularly for textiles and handicrafts, encouraging trade growth within specified limits.
Nepal Seeks Expansion of Quota Limits for Textile Exports to U.S.
Nepal's government has requested the U.S. to review and expand the quantitative limits under U.S. note 13(b) for textile products, citing increased production capacity and demand in the U.S. market.
2023-07-22
Impact: Potential increase in export volumes if approved, strengthening Nepal-U.S. trade ties in the textile sector.
U.S. Trade Report Highlights Compliance Issues with Nepali Exports
A U.S. trade compliance report noted minor discrepancies in documentation for Nepali goods under HS codes subject to quantitative limits per U.S. note 13(b), urging better adherence to trade rules.
2023-05-10
Impact: Slight negative impact; delays in shipments possible until compliance issues are resolved, affecting trade flow.
Policy Updates
Renewal of Nepal Trade Preferences Under U.S. Note 13(b)
The U.S. government has officially renewed trade preferences for Nepal under the GSP program, maintaining quantitative limits as specified in U.S. note 13(b) to subchapter for eligible goods, effective through 2025.
Date: 2023-09-01
Update to Documentation Requirements for Nepali Exports
U.S. Customs and Border Protection updated documentation requirements for imports from Nepal under HS codes subject to U.S. note 13(b), mandating stricter origin certification to prevent quota misuse.
