Nepal - Domestic trade

For the six and one-half years of the Maoist insurgency in Nepal domestic trade has been severely hampered in rural areas. For many Nepalese, local trade is a part-time activity, limited to such products as cigarettes, salt, kerosene, and cloth. Marketing centers are along the main trails and are supplemented by small local markets. Distribution channels generally move from manufacturer, to distributor, to retailer. Poor communications facilities make extensive domestic trade impractical. However, one major impediment, the local tax on trade called "octroi," was eliminated in 1997. Also, in the early 1990s, domestic airline routes were privatized, quadrupling domestic air traffic.

Most shops are open from 10 AM to 8 PM . Businesses and government offices generally operate from 9 AM to 5 PM . Most stores and businesses are closed on Saturdays.

Also read article about Nepal from Wikipedia

User Contributions:

Comment about this article, ask questions, or add new information about this topic: