Nepal targets exports worth 20 percent of GDP in two years, but experts call goal unrealistic

Updated plan aims to narrow down the trade deficit by boosting exports, diversifying products and markets, but economists and exporters say policy bottlenecks make the target unattainable.

The government has updated its national trade strategy, setting an ambitious target of increasing the value of goods and services exports to 20 percent of Nepal’s gross domestic product (GDP) within the next two years.