ICD Larcha to open for business within a year Kathmandu, May 3 There is clear sign of opening of Tatopani trade route - the popular trade route with northern neighbour China - in the near future, as the reconstruction works of China government-assisted Inland Clearance... 04 May, 2018
Vizag Port: An alternative, strategic gateway Unforeseen cost higher in conduting third-country trade via Kolkata Port Kathmandu, April 30 Traders have been urged to utilise Visakhapatnam (Vizag) Port for third-country trade considering ocean freight cost; transparency and efficiency of the... 01 May, 2018
Transit, trade treaties and RSA to be reviewed Kathmandu, April 28 Nepal and India have agreed to review Trade Treaty, Transit Treaty and Railway Service Agreement between the two countries. Commerce secretary-level talks between the two countries, held here on Thursday and yesterday, decided... 29 Apr, 2018
CONCOR starts ferrying Nepal-bound cargo containers to Jogbani The move is expected to lower transportation cost for Nepali traders Kathmandu, April 25 The Container Corporation (CONCOR) of India - a subsidiary of Indian Railways - has started ferrying Nepal-bound cargo containers to Jogbani, the nearest... 26 Apr, 2018
Nepal lists out its priorities for IGC meeting Kathmandu, April 23 The Ministry of Industry, Commerce and Supplies (MoICS) has listed out its priorities for discussion with its Indian counterpart during the inter-governmental committee (IGC) meeting, popularly known as commerce secretary-level... 24 Apr, 2018
PM Oli urged to stress cross-border trade Kathmandu, April 3 As the cost of trade logistics has been considered as the major bottleneck for industrialisation and export competitiveness, the government has been advised to talk with neighbouring India to provide necessary facilitation... 04 Apr, 2018
PM Oli�s remark on purchasing ship draws flak from pvt sector Kathmandu, March 28 Prime Minister KP Sharma Oli’s recent statement of purchasing the country’s own ship and establishing a shipping company does not hold any water regarding lowering the cost of trade, according to private sector... 29 Mar, 2018
ICD Chobhar construction to be sped up Kathmandu, March 19 After a long dilly-dallying in transfer of land ownership, the construction of Inland Clearance Depot (ICD) in Chobhar, which is to be built with the support of World Bank Group, is set to gather momentum. Nepal Intermodal... 20 Mar, 2018
Nepal urged to finalise projects under Belt and Road Initiative Kathmandu, February 12 Nepal has been suggested to finalise the projects that the country wants to develop under the Belt and Road Initiative (BRI) of the northern neighbour. Speaking during the inaugural session of a seminar titled... 13 Feb, 2018
Efficiency of ports, acceleration in project implementation stressed Kathmandu, January 20 Stakeholders have said that the country can substantially reduce the cost of doing business by minimising the cost of trade, however, there should be efficient trade infrastructure in place. Addressing the 21st anniversary... 21 Jan, 2018
Testing of ECTS begins Kathmandu, January 15 The vendor appointed by the Ministry of Commerce (MoC) to instal the electronic chips in containerised cargoes from Kolkata port has started testing the electronic cargo tracking system (ECTS) from Sunday. Last week, the... 16 Jan, 2018
Cabinet okays ECTS modality Kathmandu, January 13 The Ministry of Commerce (MoC)’s plan to implement the electronic cargo tracking system (ECTS) will come into force in the near future as the recent Cabinet meeting has approved the modality of the ECTS submitted by the... 14 Jan, 2018