The macro-economic situation of Nepal remains relatively stable in spite of difficult political-economic situation. Foreign trade represent more than 50% people. The state politics will be modified as per the change of Government but this country have a open economic structure and non of the political parties are against of it.
There are many barriers in Trade in Nepal. Such as, Lack of skilled manpower, lack of advance technology, lack of power supply, difficult geographical accessibility, limited market, etc.
Nepal’s main trading associates are Indian, Chinese suppliers and the USA. The country mainly exports clothing, carpeting and jute items, vegetables and cereal products towards India, the United States and Bangladesh. Nepal imports oil items, machinery & gadgets from Indian, Chinese and Saudi Arabic suppliers.
Many Nepali Citizen works in foreign countries like, USA, UK, Malaysia, Qatar, UAE, South Korea, Japan, Saudi Arabia etc. Nepal collects a supporting sum of remittance for the National budget.
Third World Craft (Artisan Market Nepal) strives to promote Nepalese handicraft, gits items, furniture, herbal soap and agro based product to local market and overseas thereby, supporting to home based grass roots artisans/producers of informal sector having difficulties in accessing to global market. Artisan Market Nepal is a socially responsible business that practices code of conduct of fair and ethical trade, thus, concerns very much for prompt payment to producers, encourage direct access to market and allows client to access producers’ information. We build up business relationship on the basis of mutual trust and transparency, practice of business ethics fair trading, performing high level of professionalism in trading and are concerned for well being of the society, producers and environment.
Third World Craft (Artisan Market Nepal) has a team of professional people having experience of two decade of fair trade and development and have worked in number of national and international non profit organizations.