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Pashmina Enhancement and Trade Support (PETS)Project

September 30, 2013 13:16:30 pm

Pashmina Enhancement and Trade Support (PETS)Project has been supported by the Enhanced Integrated Framework (EIF) in order to respond to the trade related development priorities of Nepal as identified in the NTIS as well as to build sustainable local capacities and leverage additional resources from development partners. The duration of the project is for three years and EIF has contributed US$ 1,861,603 whereas Government of Nepal has contributed US$ 200,000 in kind. An agreement has been done between the implementing agency-International Trade Centre (ITC) and the executing partner, MoCS. The overall purpose of the project is to contribute to socio-economic development through export growth and market diversification of Chyangra Pashmina (CP) products, manufactured by pashmina exporters in Nepal. The pashmina sector is a priority sector for export development identified by the GoN. The project aims to strengthen the competitiveness of the Chyangra Pashmina (CP) sector through interventions along its value-chain and through strengthening the institutional capacity at sector level. Capacity will be built at the Nepal Pashmina Industry Association by developing a practical medium-term plan, developing its service potential towards the industry, undertaking supply chain analysis for fibre in goat farming areas as well as creating institutional capabilities to develop and elaborate project documents and business plans to tap into existing donor support, especially at farmer level. The international competitiveness of processed CP products will be strengthened by developing product development and design development capacities at institutional and enterprise level and subsequently assisting enterprises to expand existing markets and/or concur new ones. Moreover, support will be provided to create awareness of the CP trademark that has already been registered in more than 41 countries. The trademark will be promoted in priority markets and domestic market surveillance will be well established. The project further aims to achieve long-term sustainable impact by strengthening national capacities throughout the implementation phase.

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TEPC - Posted on Jan 02, 2014
good site and Trading Business Program will boost up in future ahead
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