News Digest – International Relations & Foreign Affairs (December 17 – December 23, 2020)

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US-Nepal trade talks: US-Nepal held a virtual meeting to discuss customs, trade, intellectual property, trademark, e-commerce, financial service, investment promotion among other agendas during the fifth meeting of the Trade and Investment Framework Agreement (TIFA) Council. US agreed to provide support to increase the value of exportable goods. Furthermore, the two countries will together promote digital trade. US also welcomed Nepal’s effort to protect labour rights and further suggested to enhance intellectual property rights which could invite foreign investments.

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