Management of Foreign Trade syllabus

Management of Foreign Trade

• 1 Introduction to Foreign Trade (6 LHs)

  • Definition and significance of foreign trade
  • Domestic versus international trade
  • Globalization: concept, types, drivers and impact
  • Nepalese foreign trade and economic development
  • Trends and major problems
• 2 Nepal's Foreign Trade Policy (6 LHs)

  • Historical development of Nepal's trade policy
  • NTIS, Trade Policy 2015 and updates
  • Export promotion measures and incentives
  • Roles of Ministry of Industry, Commerce and Supplies and Department of Customs
• 3 Export and Import Procedures (7 LHs)

  • Tariff and non-tariff barriers
  • Procedures for Nepalese exporters and importers
  • Documentation requirements
  • ASYCUDA World system
  • Customs clearance at border points and dry ports
• 4 International Trade Organizations (5 LHs)

  • WTO and Nepal's accession
  • UNCTAD
  • Regional economic integration and its forms
  • SAFTA, BIMSTEC and impacts on Nepal
• 5 Trade Financing and Payment Methods (6 LHs)

  • Trade financing concepts, needs and tools
  • Letters of credit and banking systems in Nepal
  • Bills of exchange and international payments
  • NRB role and export credit insurance
• 6 Foreign Exchange Management (5 LHs)

  • Exchange-rate mechanisms and Nepal's fixed exchange system with INR
  • Foreign Exchange Act and NRB guidelines
  • Foreign-exchange transaction risk management
• 7 Logistics and Supply Chain in International Trade (7 LHs)

  • Transportation modes and logistics challenges in landlocked Nepal
  • Transit through Indian ports and dry ports
  • Incoterms in Nepalese trade
  • Warehousing and inventory management
• 8 Contemporary Issues in Foreign Trade (6 LHs)

  • Trade barriers and protectionism affecting Nepal
  • Global trade disruptions and geopolitical tensions
  • Digital transformation and Nepalese businesses
  • Trade imbalance and export diversification