�Transit Transport Agreement should be utilised to enhance economic engagement between Nepal and China� Nepal recently signed the Transit Transport Agreement with the northern neighbour during Prime Minister KP Sharma Oli’s recent visit to China. Reportedly, the agreement has paved the way for Nepal’s third-country trade through the gateway of... 28 Mar, 2016
Govt urges pvt sector to use Visakhapatnam Port Kathmandu, February 27 The government has urged the private sector to start necessary groundwork to utilise the Visakhapatnam Port of India for third-country trade. The Indian government agreed to allow Nepal-bound cargo to use the port as an... 28 Feb, 2016
Commerce ministry unveils 100-day action plan Kathmandu, February 2 Focusing on development of trade-related infrastructure and export promotion, Ministry of Commerce (MoC) today unveiled 100-day action plan. The action plan — being implemented from tomorrow to May 13 — has envisaged... 03 Feb, 2016
NITDB to expand ICD Timure Kathmandu, January 20 The Nepal Intermodal Transport Development Board (NITDB) has planned to expand the area for the Inland Clearance Depot at Timure of Rasuwagadhi acknowledging the prospect of the trade route, which is linked with the mid-hill... 21 Jan, 2016
NEFFA explores alternatives to minimise losses faced by Nepali traders Kathmandu, January 9 Nepal Freight Forwarders’ Association (NEFFA) — the umbrella organisation of freight forwarding companies in the country — has approached United Nations organisations and diplomatic missions based in Kathmandu to... 10 Jan, 2016
Govt proposes construction of ICD in far-west Kathmandu, December 14 The government has proposed construction of a well-facilitated Inland Clearance Depot (ICD) at Dodhara Chandani of Kanchanpur district of far-western Nepal for grant assistance from the Millennium Challenge Corporation... 15 Dec, 2015
New relief measure for importers Kathmandu, December 7 Insurance Board (IB) has granted permission to the insurance companies to extend the validity of coverage period for freight stuck at Kolkata port from 60 days earlier to 90 days, in view of the difficulties faced by importers... 08 Dec, 2015
�Our main objective is to reduce the cost and time in trade� The nearly two-and-a-half month long border-blockade by Tarai-based political parties has severely affected the trade sector. Shortage of fuel and other daily essentials has had an adverse impact on economic activities in the country. The Nepal... 07 Dec, 2015
HTPL to waive detention charges Kathmandu, November 10 Importers, whose cargoes have been stuck at the Inland Clearance Depot (ICD) of Birgunj due to the Tarai protests, may heave a sigh of relief as Himalayan Terminals Pvt Ltd (HTPL) has decided to waive the detention charges... 11 Nov, 2015
Nepal-China agree to enhance bilateral trade Kathmandu, November 5 Nepal and China have agreed to expedite reconstruction of customs infrastructure and the two major trade routes — Tatopani-Lhasa and Rasuwagadhi-Kyirong — damaged during the earthquakes of April and May to enhance... 06 Nov, 2015
Cargo stuck at ICD Birgunj starts being dispatched Kathmandu, November 1 Cargo imported from third countries that had been stuck at the Inland Clearance Depot (ICD) Birgunj since long due to the ongoing protest in the Tarai and rising insecurity in Birgunj area have started being dispatched to their... 02 Nov, 2015
BFIs unlikely to post impressive results in Q1 Kathmandu, October 12 The first quarter results of banks and financial institutions (BFIs) are not expected to be impressive this fiscal year, as protests in the Tarai and supply disruption are expected to reduce interest income in the banking... 13 Oct, 2015
