RESTRICTEDWORLD TRADE
ORGANIZATIONWT/ACC/NPL/2/Corr.11
16 June 2000
(00-2413)
Working Party on the
Accession of Nepal
ACCESSION OF NEPAL
Memorandum on the Foreign Trade Regime
Corrigendum
- The following Table of Contents replaces pages (i) through (v) of document
WT/ACC/NPL/2:
TABLE OF CONTENTS
Page No.
I. INTRODUCTION 1
II. ECONOMY, ECONOMIC POLICIES AND FOREIGN TRADE1. Economy(a) General description (territory population, economic specialization, main
economic indicators)2
(b) Current economic situation 2
2. Economic Policies(a) Main directions of the ongoing economic policies, tactical and strategic goals
of the economic policies, pricing policy, economic development plans,privatization plans, sectoral priorities, regional development plans etc.3
(b) Monetary and fiscal policy 5
(c) Foreign exchange, payments system and relations with the IMF, application
of foreign exchange control, if any5
(d) Foreign and domestic investment policy 6
(e) Competition policy 7(f) Privatization policy 73. Foreign Trade In Goods and Services(a) Volume and value of trade 7(b) Export and imports 9(c) Structure of Trade 9(d) Trade by geographic areas and dynamics of trade 104. Domestic Trade in Services Including Value and Composition of Foreign
Direct Investment10
5. Information On Financial Movements Related to Nationals Working Abroad
(Remittances)10
                                                     
1 In English only.WT/ACC/NPL/2/Corr.1
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6. Information on Growth in Trade in G oods and Services Over Recent Years
and forecasts for Years to Come11
III. FRAMEWORK FOR MAKING AND ENFORCING POLICIES
AFFECTING FOREIGN TRADE IN GOODS AND TRADE IN SERVICES
1. Power of  the Executive,  Legislative and Judicial Branches of Government(a) General introduction to executive branch of government 11(b) Composition of parliament and legislative branch 12(c) Composition of judiciary and its nature 122. Government Entities Responsib le for Making and Implementing Policies
Affecting Foreign Trade13
3. Division of Authority Between Central and Sub-Central  Form of
Government14
4. Any Legislative Programmes or Plans to Change the Regulatory Régime 14
5. Laws and Legal Acts 156. Description of Judicial, Arbitral or Administrative Tribunals or Procedures,
If Any15
IV. POLICIES AFFECTING TRADE IN GOODS
1. Import Regulation(a) Registration requirements for engaging in importing 15(b) Characteristics of national tariff 17(c) Tariff quotas, tariff exemptions 17(d) Other duties and charges, specifying any charges for services rendered 18(e) Quantitative import rest rictions, including prohibi tions, quotas and licensing
systems18
(f) Licensing procedure 18
(g) Other border measures, e.g. any other schemes that have border effects
similar to those of the measures listed under (e) above18
(h) Customs valuation 19
(i) Other customs formalities 19(j) Pre-shipment inspection 19(k) Application of internal taxes on imports 20(l) Rules of origin 20(m) Anti-dumping régime 20(n) Countervailing duty régime 20(o) Safeguard régime 202. Export Regulation(a) Registration requirements for engaging in exporting 20(b) Customs tariff nomenclature, types of duties, duty rates, weighted averages of
duty rates21
(c) Quantitative export rest rictions, includi ng prohibitions, quot as and licensing
systems21
(d) Export licensing procedure 21
(e) Other measures, e.g. minimum export prices, voluntary export restrictions,
orderly marketing arrangements21
(f) Export financing, subsidy and promotion policies 22
(g) Export performance requirements 23
(h) Import duty drawback schemes 23WT/ACC/NPL/2/Corr.1
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3. Internal Policy Affecting Foreign Trade in Goods
(a) Industrial policy, including subsidy policies 23(b) Technical regulations and standards, including measures taken at the border
with respect  to imports23
(c) Sanitary and phytosanitary measures, including measures taken with respect
to  imports24
(d) Trade-related investment practices 25
(e) State-trading practices 25(f) Free zones 26(g) Free economic zones 26(h) Trade-related environmental policies 26(i) Mixing regulations 26(j) Government-mandated counter-trade and barter 26(k) Trade agreements leading to country-specific quotas allocation 26(l) Government procurement practices, including general legal regime and
procedures for tendering, dealing with tenders and award of contracts26
(m) Regulation of  trade in transit 28
4. Policies Affecting Foreign Trade in Agricultural Products
General Background 29
(a) Imports 29(b) Exports 31(c) Export prohibitions and restrictions 31(d) Export credits, export credit guarantees etc. 31(e) Internal policies 315. Policies Affecting Foreign Trade in other Sectors(a) Textiles régime 32(b) Policies affecting foreign trade in other major sectors 34
V. TRADE-RELATED INTELLECTUAL PROPERTY RÉGIME
1. General Introduction(a) Intellectual property policy 34(b) Responsible agencies for policy formulation and implementation 34(c) Membership in international intellectual property conventions and regional or
bilateral agreements35
(d) Application of national and m.f.n. treatment to foreign nationals 35
(e) Fees and taxes 352. Substantive standards of protection, including procedures for the acquisition
and maintenance of intellectual property rights
(a) Copyright and related rights, including rights of performers, producers  of
phonograms and broadcasting organizations35
(b) Trademarks, including service marks 36
(c) Geographical indications, including appellations of origin 36(d) Industrial design 36(e) Patents 36(f) Plant variety protection 37(g) Layout designs of integrated circuits 37(h) Requirements for undisclosed information, including trade secrets and test
data37
(i) Any other categories of intellectual property 37WT/ACC/NPL/2/Corr.1
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3. Measures to Control Abuse of Intellectual Property Rights 37
4. Enforcement(a) Civil judicial procedures and remedies 39(b) Provisional measures 39(c) Any administrative procedures and remedies 39(d) Any special border measures 40(e) Criminal procedures 405. Laws, Decrees, Regulations and Other Legal Acts Relating to the Above 406. Statistical Data on Applications for Grants of Intellectual Property Rights, as
well as any Statistical Data on Their Enforcement40
VI. TRADE-RELATED SERVICES RÉGIME
1. General Introduction 402. I.  Business Services
1. Professional Services
(a) Legal services41
(b) Accounting, auditing and bookkeeping services 41
(c) Engineering services 42(d) Veterinary services 42
2. Computer and Related Services 423. Real Estate Services 434. Other Business Services 43
(a)  Management consulting services 43(b) Placement and supply services of personnel 43
5. Communication Services
(a) Postal Services 44(b) Courier Services 44(c) Telecommunications services 44(d) Audiovisual services 45
(i) Motion picture production,
distribution and exhibition45
(ii) Radio and television services 45
6. Construction and Related Engineering Services 467. Distribution Services 468. Financial Services
(a) Insurance 46(b) Banking and other financial services 48
9. Health-related and Social Services
(a) Hospital services 49(b) Other human health services 50(c) Social services 50
10. Tourism and Travel-Related Services 5111. Transport Services
(a) Air transport services 53
12. Other Services 53
2. Policies Affecting Trade in Services 533. Market Access and National Treatment 54
(a) Limitations on the number of service suppliers 54
(b) Limitations on the total value of service transactions or assets 54WT/ACC/NPL/2/Corr.1
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(c) Limitations on the total number of service operations or on the total quantity
of service output54
(d) Limitations on the total number of natural persons that may be employed in a
particular service sector54
(e) Restrictions on, or requirements of  specific types of legal entity through
which a service may be supplied54
(f) Limitations on the participation of foreign capital 54
(g) Measures providing for less than the treatment accorded to national services
or service suppliers54
4. Most Favoured Nation Treatment 55VII INSTITUTIONAL BASIS FOR TRADE AND ECONOMIC RELATIONS
WITH THIRD COUNTRIES
1. Bilateral or Plurilateral Agreements Relating to Foreign Trade in Goods and
Trade in Services55
2. Economic Integration:  Customs Union and Free Trade Area Agreements 55
3. Labour Markets Integration Agreements 554. Multilateral Economic Cooperation, Membership in the Multilateral
Economic Organizations, Trade-Relate d Programmes of Other Multilateral
Organizations.55
LIST OF ANNEXES 57
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