Nepc backs private sectors initiative on export diversification

It seems like you're referring to a news article or a press release about the Nepal Export Promotion Council (NEPC) supporting a private sector initiative on export diversification.

Here's a possible summary:

The Nepal Export Promotion Council (NEPC) has announced its support for a private sector initiative aimed at promoting export diversification in the country. The initiative, led by a group of private sector companies, aims to increase Nepal's exports by diversifying its product portfolio and exploring new markets.

The NEPC, which is the apex body for promoting exports from Nepal, has pledged to provide necessary support and guidance to the private sector companies involved in the initiative. The council has also committed to facilitating the process of export diversification by providing training and capacity-building programs for exporters.

The private sector initiative is expected to focus on promoting exports of value-added products, such as textiles, garments, and handicrafts, as well as exploring new markets in Asia, Europe, and the Americas. The initiative is also expected to promote the use of technology and innovation in the export sector to increase competitiveness and efficiency.

The NEPC's support for the private sector initiative is seen as a significant step towards promoting export diversification in Nepal and increasing the country's exports. The initiative is expected to create new job opportunities and contribute to the country's economic growth.

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