5. Institutional arrangement

5.1. 5.1.1 Board of Trade 9dyabacham or TCBAMB0 5.1.1 To provide assistance in policy formulation work necessary for business promotion, to facilitate business and to monitor policy and coordinate inter-agency with the participation of the private sector as follows at the central level. It will be done by the Minister of Commerce - Minister of State, Chairman, Assistant Minister of Commerce, Member Member, National Planning Commission (Looking at Commerce), Member Governor, Member Secretary of Nepal Rastra Bank, Member Secretary, Ministry of Commerce, Member Secretary, Ministry of Industry, Member Secretary, Ministry of Finance, Member Secretary, Ministry of Tourism and Civil Aviation , Member Secretary of the Ministry of Education, Member of the Ministry of Health and Population, President of the Federation of Nepal Industry and Commerce, President of the Nepal Chamber of Commerce, Member of the Nepal Chamber of Commerce, Member of the Confederation of Nepal Industry, Member of the National Industry and Trade Organization, member of the bilateral Chamber of Commerce related to the country that exports the most goods from Nepal. Chairman, Member, Executive Director, Business Promotion Foundation, Member, Expert nominated from University central department level professors or associate professors with expertise in commerce or balance of payments, 2 members, Industry and commerce personalities and experts nominated by the Minister of Commerce, 4 members, Director General, Department of Commerce, Member-Secretary p>

5.1.2 The Board may invite any person or expert to participate in the meeting. The Government of Nepal can change the number of board members by publishing a notice in the Nepal Gazette. The meeting of the board will be held at least once in two months and other procedures related to the meeting will be as determined by the board. 5.1.3 The main work of the board will be to coordinate the implementation of the commercial policy, to recommend the government to amend the policy and to make suggestions to the government to remove the obstacles in the implementation of the open and liberal trade policy. 5.1.4 Deciding to resolve the obstacles in the implementation of export and import trade. 5.1.5 Necessary for Trade FacilitationDo other necessary tasks. 5.2 Business Promotion Establishment 5.2.1 The current Trade and Export Promotion Center will be converted into a Trade Promotion Establishment as an autonomous organization capable of providing services in line with market demand. 5.2.2 The institute will carry out business related studies and research, export promotion, product development and manpower development. 5.2.3 The establishment will act as the main mechanism for collecting, processing, analyzing and communicating business related data as well as internal and external information and information for business promotion. 5.2.4 Commercial and professional associations of the private sector will be involved in the management and operation of the establishment. Resources will be arranged from the government and the private sector to operate the center sustainably. 5.2.5 The Foundation will organize trade fairs and exhibitions and coordinate activities related to participation in such fairs and exhibitions. 5.3 5.3 Special Economic Zones and Export Processing Zones 5.3.1 Special Economic Zones and Export Processing Zones will be established with necessary infrastructure services to increase export trade. 5.3.2 A separate law will be provided for its establishment and operation. 5.3.3 The private sector will also be encouraged to develop, establish and operate special economic zones and export processing zones.