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The Government of Nepal has established "Trade and Export Promotion Centre", a national trade promotion organization of the country in November 2006, as a focal point, by merging three organizations namely Trade Promotion Centre, Export Promotion Board and Carpet & Wool Development Board, with the objective of promoting foreign trade in general and export trade in particular of the country.
The functions are to:
Advise the Government of Nepal in formulating policies for the development and expansion of trade and export.
Contribute to strengthening the national economy by developing and expanding trade and export of the country.
Support in achieving the goal of poverty alleviation through the development of rural economy by enhancing internal and external market for agro-based and other products.
Launch programs by establishing coordination among different agencies for increasing the production of exportable products.
Assist to diversify trade by identifying potential market for exportable products.
Cooperate in opening institutions for export promotion and to diversify trade and extend support to such institutions.
Plead for technical assistance with national and international organizations for improving quality/standard of exportable products.
Implement appropriate programs so as to attract investment at the national and international level for export-oriented and import management project.
Act as information pool by collecting , disseminating and publishing useful trade-related information.
Study and identify the problems of foreign trade and advise the Government of Nepal with appropriate measures to solve such problems.
Assist in market test of exportable products.
Organize buyers/seller meet and conduct training seminar and workshops.
Simplify the procedures relating quality control, insurance and transport and enhance support services for export transaction.