Towel exports decline

January 6, 2003
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Exports of towels to the EU has slumped nearly 45 percent in the last six years, exporters said at an annual meeting in the capital Sunday.

Nepal exported towels worth $ 3.6 million in 2002 compared to exports valued at $6.4 million in 1996. Nepal exported cotton towels worth $4.2 million to the EU in 2001.