Kathmandu, July 19
Nepal Chamber of Commerce (NCC) has started online
system for issuing the Certificate of Origin (CO). Secretary of the Ministry of
Industry, Commerce and Supplies Kedar Bahadur Adhikari and NCC President Rajesh
Kazi Shrestha jointly inaugurated the new system at the chamber secretariat.
NCC said that the development of online system has
ushered in the export business to the digitised age with simple, efficient and
fast services.
CO is a document that declares that certain products
had met the criteria to be originated from a country. It is mandatory in the
international trade.
Speaking at the launching ceremony, Adhikari
expressed his confidence that the NCC would issue CO as per the policy and
rules.
He said that the online system would make the export
monitoring easy and fast. “All the services of Nepal Rastra Bank, Department of
Customs and banks have entered into the digital practices, and the online
issuance of CO will be another important step,” he said.
Shrestha said that the online system would reduce
the number of papers and documents needed for the international trade. “It will
reduce the cost and time which will contribute in making the Nepali products
more competitive in the international markets,” he said.
He also said that the NCC would organise training
and workshops on the use and utility of the new system.
Published in The Rising Nepal daily on 20 July 2019.
No comments:
Post a Comment