India's Safeguard Duty Slashes Nepal's Iron and Steel Exports by Two-Thirds
Economy

India's Safeguard Duty Slashes Nepal's Iron and Steel Exports by Two-Thirds

Nepal's iron and steel exports to India have plummeted following the imposition of safeguard duties by India, sparking concerns over declining export earnings and potential job losses. Nepali manufacturers argue the duties are unjustified for their country, classified as a least developed nation.

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