Nepal, South Korea renew labor pact

Nepal and South Korea have renewed labor agreement under Employment Permit System (EPS) for an additional two years.

South Korea renewed the agreement after the pact (which was renewed for the third time on Jan 18, 2010) expired on July 17, 2012.

The Korean government introduced EPS in 2004 to pave the way for its domestic employers to hire foreign workers to fulfill increasing demand of workers in different sectors.

Under the EPS, Nepal can send workers to Korea in five sectors -- agriculture, fishery, construction, manufacturing and service. nepalnews.com