Garment Industry Head Calls for E-commerce and Payment Gateway Reforms to Boost Nepali Exports

Kathmandu. Pashupatidev Pandey, Chairman of the Nepal Ready-made Garment Association, stated that it is necessary to facilitate e-commerce and payment gateway systems to promote exports from Nepal. He emphasized that what Nepal currently needs is not apps or portals for purchasing goods from abroad, but rather online platforms capable of selling Nepali products to other countries.

Although arrangements exist to purchase goods from abroad using banking channels from Nepal, he noted that the current priority should be developing apps or portals that allow Nepali goods to be sold in the global market, rather than focusing on such existing systems. According to Chairman Pandey, Nepal must develop its own e-commerce payment gateway system to attract international companies like PayPal and Amazon to Nepal. He added that the establishment of these companies in Nepal would help expand the global market for Nepal's exportable goods.

Chairman Pandey also stressed the need to resolve issues related to export subsidies, including income tax. He stated that the practice of changing the procedure for obtaining export subsidies every year must end.

Furthermore, he mentioned that all government work related to exports should be conducted through a faceless system, which he believes will streamline the export process and help increase exports.