Kathmandu: Nepal’s senior economists at a national seminar held Tuesday morning have suggested the government to do proper homework prior to joining the body of the World Trade Organization, WTO.
The Nepalese scholars were also of the opinion that the Nepal’s concerned authorities dealing with the WTO affairs must convince the lay men regarding the benefits and the otherwise that would accrue from Nepal’s joining the WTO arrangements.
The national seminar entitled “Nepal’s accession to WTO and the Agriculture Sector” was organized by the Nepal Foundation for Advanced Studies, NEFAS, in cooperation with the Friedrich Ebert Stiftung.
Welcoming the attending seminar participants, the NEFAS Executive Director Professor Ananda Shrestha said that Nepal could benefit from WTO provided proper home work is done prior to joining the World Trade body.
Posh Raj Pandey, a member of the government’s WTO cell, presented the paper.
Dr. Bishwanath Tiwari and Sri Dipendra Bahadur Chetri commented on Pandey’s paper.
Professor Gun Nidhi Sharma from the chair maintained that Nepal’s already high cost economy has got to be brought down in order to compete the world market.