Vizag Port to allow transhipment facility Kathmandu, August 7 Traders will be able to enjoy transhipment facility for Nepal-bound cargo from Visakhapatnam Port, also known as Vizag Port, to Inland Clearance Depot (ICD) Birgunj, as the Commissioner of Customs at Vizag Port has issued a... 08 Aug, 2018
Delivery of Nepal-bound cargo to Jogbani via rail to continue Kathmandu, August 1 Traders will be able to ferry Nepal-bound cargo to Bathnaha of India (the nearest rail head from Biratnagar customs) for next three months as the Ministry of Industry, Commerce and Supplies (MoICS) has decided to extend the... 02 Aug, 2018
Implementation of ECTS still ineffective Kathmandu, July 14 Effective implementation of electronic cargo tracking system is in doubt as only a handful of importers have been abiding by the rule introduced on April 18. ECTS from Kolkata port to inland clearance depot Birgunj is voluntary... 15 Jul, 2018
CHAs� payment to be channelised through banking system Kathmandu, July 5 The government is mulling over channelising the payment to Customs House Agents (CHAs) at Kolkata port through the banking system to ensure transparency and reliability. CHAs work for customs clearance at the port, which is also... 06 Jul, 2018
Country seeks bulk cargo facility at more customs points Kathmandu, April 29 Nepal has proposed the government of India to sign the letter of exchanges on movement of bulk cargoes to the nearest railhead of major checkposts of Nepal-India border namely, Jogbani (Biratnagar), Nautanwa (Bhairahawa) and... 30 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
Nepal plans to finalise trans-shipment modality Kathmandu, March 6 Due to the high cost and time incurred for third-country trade via India, the country is preparing to propose finalisation of trans-shipment modality with the southern neighbour during the Intergovernmental Committee (IGC)... 07 Mar, 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
Electronic cargo tracking system from January Kathmandu, December 9 The government is all set to introduce electronic cargo tracking system (ECTS) from January for reliable delivery of Nepal-bound cargoes via Indian transit. The ECTS will control the turnaround time of the shipping line... 10 Dec, 2017
�Low production base is the major constraint to boost exports� The country’s trade imbalance has grown exponentially owing to weak production base and increasing dependence on imports. As of the first 11 months of fiscal 2016-17, the ratio of Nepal’s imports to its exports stood at 1:13.3 against a ratio of... 24 Jul, 2017
