People’s livelihood in several Himalayan regions largely depends on collection,use,and trade of medicinal plants.Traditional use is generally not a problem,but commercial gathering of selected species to meet increasing national and international demand can result in over-exploitation.Sustainable management of medicinal plants requires a clear understanding of the respective roles,responsibilities and viewpoints of the various stakeholders involved.Through personal interviews and group discussions,this study aimed at investigating the views of two stakeholder groups on use,trade and conservation of medicinal plants in the Rasuwa district of Nepal.Local people and district and national organizations agreed that medicinal plants are collected for a combination of commercial and personal uses.Perceptions on market availability differed significantly:100 % of the respondents from district and national organizations saw markets as easily available,against only 36 % for local people.This could explain why medicinal plants were perceived by local people to contribute less to income generation than to livelihood improvement.Different viewpoints were also expressed concerning the status of medicinal plants in the district:81 % of the respondents from district and national organizationsconsidered that medicinal plants were threatened,compared to only 28 % for local people.Despite this disparity,both stakeholder groups agreed upon potential threats to medicinal plants:over-harvesting;habitat loss due to land-use change and deforestation;and over-grazing by livestock.Several challenges were identified regarding sustainable management of medicinal plants,such as ambiguous policies;lack of resources,information and infrastructures;habitat degradation;and over-exploitation.Despite these challenges,respondents agreed that the medicinal plants sector offers huge opportunities in the Rasuwa district,given resource availability,community awareness and motivation,and the priority given to the sector by governments and other agencies.Proper collaboration,communication and coordination among stakeholders are needed to grab these opportunities. People’s livelihood in several Himalayan regions largely depends on collection, use, and trade of medicinal plants. Traditional use is generally not a problem, but commercial gathering of selected species to meet increasing national and international demand can result in over-exploitation. medicinal plants requires a clear understanding of the respective roles, responsibilities and viewpoints of the various stakeholders involved.Through personal interviews and group discussions, this study aimed at investigating the views of two stakeholder groups on use, trade and conservation of medicinal plants in the Rasuwa district of Nepal.Local people and district and national organizations agreed that medicinal plants are collected for a combination of commercial and personal uses. Perceptions on market availability differed significantly: 100% of the respondents from district and national organizations saw markets as readily available, against only 36% for local people.This cou ld explain why medicinal plants were perceived by local people to contribute less to income generation than to livelihood improvement.Different viewpoints were to announce the status of medicinal plants in the district: 81% of the respondents from district and national organizationsconsidered that medicinal plants were threatened, compared to only 28% for local people.Despite this disparity, both stakeholder groups represented upon potential threats to medicinal plants: over-harvesting; habitat loss due to land-use change and deforestation; and over-grazing by livestock. Contact challenges were identified regarding sustainable management of medicinal plants, such as ambiguous policies; lack of resources, information and infrastructures; habitat degradation; and over-exploitation .Despite these challenges, respondents agreed that the medicinal plants sector offers huge opportunities in the Rasuwa district, given resource availability, community awareness and motivation, and the priority givento the sector by governments and other agencies .Proper collaboration, communication and coordination among stakeholders are needed to grab these opportunities.