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Jun 17, 2024The European Union (EU) has a significant presence in Nepal, with a strong development partnership and extensive trade ties. Since 1973, the EU has been a major development partner, focusing on sectors like education, peace and stability, and trade facilitation, with the EU-Nepal Cooperation Agreement establishing a bi-annual Joint Commission. Nepal is one of the EU’s principal trading partners, with significant exports of handmade carpets, textiles, and gems, and imports of engineering goods, telecommunication equipment, and agricultural products. The EU Delegation in Kathmandu plays a crucial role in supervising the implementation of EU cooperation programs, and high-level exchanges between Nepal and the EU are regular, with visits by Nepali ministers and EU officials to discuss bilateral relations and cooperation.