India-EU free trade pact could squeeze Nepal’s garment exports as LDC graduation nears

Brussels said the agreement would support investment flows, improve access to European markets and deepen supply-chain integration.

India’s free trade agreement (FTA) with the European Union, concluded on Tuesday in New Delhi, could pose additional challenges for Nepal—particularly as the nation prepares to graduate from its least developed country (LDC) status—according to the Garment Association of Nepal.