The impact of agriculture-related WTO agreements on the domestic legal framework in the Kingdom of Nepal
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This paper will provide a review of Nepal’s agricultural reform commitments under the terms of its accession to the WTO. The opening section of the paper will provide a background on some of the key factors influencing Nepal’s potential for agricultural trade. In the second section, a brief overview of recent trade policies, as well as some of Nepal’s important bilateral and multilateral trading arrangements will be explored. The third section will focus on the national framework through an anal ysis of Nepal’s legal institutions and domestic legislation to assess the level of compliance with WTO commitments. It will review of GATT related principles, including tariff measures, customs valuation, anti-dumping, subsidies, countervailing measures, state trading enterprises and safeguards as they are applied in Nepal. Under the fourth section, Nepalese institutions and legislation will be assessed within the context of the Agreement on Agriculture, Sanitary and Phytosanitary measures, Tech nical Barriers to Trade and Trade Related Aspects of Intellectual Property Rights. The concluding section of the paper will provide a prognosis for Nepal’s agricultural trade policies under the WTO regime.