Kathmandu,
Sept. 27: The government Tuesday launched an online trade information portal
with the aim of supporting investment and trade facilitation in the country.
According to the Trade and
Export Promotion Centre (TEPC), the trade portal consolidates all the useful
cross-border trade regulatory information in one online platform, providing
easier and faster access to traders of all kinds of commercial goods.
The portal will help improve
Nepal’s trade efficiency by empowering the trading community by providing
immediate online access from a single source to all legislation, policies,
procedures, tariff data and necessary guidelines from across trade-related
bodies and organisations.
The portal has been developed
with support from the World Bank under the Nepal India Regional Trade and
Transport Project (NIRTTP).
“The portal will enhance and
encourage transparency and accountability as well as reduce the duration that
traders spend on acquiring the needed information for their businesses,” said
Ishwari Prasad Ghimire, executive director of the TEPC.
Secretary of Commerce Naindra
Prasad Upadhyaya said that the government was committed to creating a
favourable environment for promotion of trade and business in order to make it
competitive at the international level by reducing non-tariff barriers along
with enhancing trade facilitation measures to promote trade in a sustained way.
“I strongly feel that such
solutions that empower the business community by reducing the time for document
preparation while ensuring compliance will have direct impact on Nepal’s ‘ease
of doing business’ ranking and specifically the measure of ‘trading across
borders,” said Minister for Commerce Romi Gauchan Thakali.
The portal, www.nepaltradeportal.gov.np,
is accessible in English and Nepali.
Deputy director of TEPC Surendra
Nath Gongal said that the government was planning to showcase the profiles of
traders and their products on the portal.
The portal will also have a
‘search and query’ function, through which interested users can access trade
statistics to analyse trends or potential new opportunities.
No comments:
Post a Comment