Himalayan News Service

Kathmandu, May 26:

Time has come to reduce the cost of international trade transactions by introducing simplified rules for sustained business development, business people have urged. Businessmen associated with the Confederation of Asia Pacific Chambers of Commerce and Industry (CACCI) in which the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) had also took part, has emphasized on some trade facilitation measures to boost trade. These include ensuring relevant activities for efficient, transparent and predictable practices based on recognised international standards.