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Nepal and S Korea to ink MoU


By Biz Correspondent on July 22,2007
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Following a high-level Nepali delegation’s visit to Seoul, Nepal and South Korea are all set to sign a much awaited bilateral labour pact likely on Monday.

A delegation led by Ramesh Lekhak, minister of state for labour and transport management on Saturday, left for Seoul to sign the memorandum of understanding (MoU) with South Korea, which had formally invited Nepali authorities to sign the MoU last week.

After the signing of the MoU, it will pave the way for Nepali government to send workers to South Korea, a lucrative destination for Nepali migrant workers.

According to reports, Nepal will try its best to send the Nepali labourers under employment permit system (EPS) within this year.

Earlier, the cabinet meeting last Monday had approved the MoU and appointed minister Lekhak to sign the MoU on behalf of Nepal.

The Interim Legislature Parliament on May 31 had passed a bill to clear the way for the government to send job aspirants in countries having diplomatic relations with Nepal.

The reports said that the MoU will fix the criteria for Nepali job aspirants, along with the worker-selection procedures and venues, process to remit earnings, required qualifications, criteria to recruit them by Korean companies, appointing agencies that receive Nepali workers in Korea, among others.

After signing of the MoU, both countries will open supervision offices at each other's capital to oversee labour related issues. The MoU will also include ways of settling disputes along with labour rights, and perks and benefits that Nepali workers enjoy.

Moreover, the MoU will make a legal provision to the 5000 quotas — which South Korea was expected to allocate to Nepal under EPS for 2007.



 


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