Kathmandu, Sept. 20 -- Nepal made a special request to India to remove obstacles to the export of jute and steel products during the Nepal-India Inter-Governmental Sub-Committee on Trade, Transit, and Cooperation to Combat Unauthorised Trade held in New Delhi last week.

Nepal's steel exports saw a 62.43 percent decline in the last fiscal year following New Delhi's imposition of safeguard duties. According to the Trade and Export Promotion Centre, Nepal exported iron and steel worth Rs6.14 billion in the last fiscal year, down from Rs16.35 billion in the previous fiscal year.

The decline translates into a loss of more than Rs10 billion in export earnings in a year, with potential implications for government revenue and employment.

The t...