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5 May 2003 (03-2394) Working Party on the
Accession of Nepal Original: English

accession of the kingdom of nepal

Legislative Action Plan

Revision

The Government of the Kingdom of Nepal has submitted the attached revised Legislative Action Plan with a request that it be circulated to members of the Working Party.
Section I: Progress in Adoption of Legislation
Since the submission of the Legislative Action Plan to the Working Party on the Accession of the Kingdom of Nepal on 21 May 2002, the following progress has taken place in adoption of legislation.
Initial draft prepared by Department of Commerce in December 2002

Adoption by Ministry of Finance and submission to Council of Ministers by August 2003

Adoption by Council of Ministers by December 2003 December 2003 10.
Industrial Property (Protection) Act
Agreement on Trade-Related Aspects of Intellectual Property Preparation of new draft legislation by the Department of Industry by December 2003

Adoption by Ministry of Industry, Commerce and Supplies by December 2004

Endorsement by Council of Ministers by July 2005 December 2005 22.
Labour Act, 1991 (Amendment) General Agreement on Trade in Services (GATS) Preparation of draft amendment by Department of Labour by August 2003

Submission by Ministry of Labour by October 2003
Endorsement by Council of Ministers by December 2003 February 2004 35.
Decision on the establishment of Inquiry Points General Agreement on Trade in Services (GATS) Submission of proposal by WTO Division, Ministry of Industry Commerce and Supplies by April 2003

Adoption by Ministry of Industry, Commerce and Supplies by June 2003 June 2003 Section III: Calendar Plan
2003 – Expected approval date:
Decision on the Establishment of Inquiry Point on TBT, June;
Decision on the Establishment of Inquiry Point on SPS,
2004 – Expected approval date:
Industrial Enterprises Act, 1992 (Amendment), February;
Labour Act, 1991 (Amendment), February;
Company Act, 1997 (Amendment), February;
Nepal Bar Council Act, 1992 (Amendment), February;
Insurance Act, 1992 (Amendment), February;
Securities Exchange Act, 1982 (Amendment), February;
Bank and Finance Institution Act, February;
Foreign Investment and Technology Transfer Act, February;
Access to Genetic Resources Act, April;
Foreign Investment and Technology Transfer Regulations, May;
Industrial Enterprises Regulations, May;
Law on Anti-Dumping Practices, July;
Competition Act, July; and
Seed Act, 1998 (First Amendment), August.
2005 – Expected approval date:
Plant Protection Act, April;
Nepal Standards (Certification Mark) Act, 1980, April;
Bankruptcy/Insolvency Act, September;
Environment Act, September;
Pharmaceutical Act, 1978 (Amendment), September;
Cyber Act, September;
Nepal Standards (Certification Mark) Regulations, 1982, December;
Plant Protection Regulation, 1975 (Amendment), December;
Industrial Property (Protection) Act, December;
Instrument of Ratification of Bern Convention, December;
Instrument of International Plant Protection Convention (IPPC), December; and
Instrument of Ratification for the UN Convention on Contracts for the International Sale of Good, December.