India, Nepal looking for better trade development

India, Nepal looking for better trade development
x
Highlights

Nepal delegation led by senior member Eminent Person Group (EPG) Dr Rajan Bhattari from Nepal and Prof Mahendra P Lama, member of EPG from India, along with counsellor, political, Embassy of Nepal Hari Prasad Odari and another member of EPG S Roy visited the Visakhapatnam Port Trust here on Thursday.  

Visakhapatnam: Nepal delegation led by senior member Eminent Person Group (EPG) Dr Rajan Bhattari from Nepal and Prof Mahendra P Lama, member of EPG from India, along with counsellor, political, Embassy of Nepal Hari Prasad Odari and another member of EPG S Roy visited the Visakhapatnam Port Trust here on Thursday.

Welcoming the delegation, Chairman of VPT MT Krishna Babu briefed about the port infrastructure and the cargo handling transshipment by containers to Nepal from Visakhapatnam port. The chairman explained the competition between Visakhapatnam port and Kolkata port and how to reduce end to end logistic cost and improving the predictability of the supplies to Nepal.

The chairman informed about the tour to Nepal for taking part in Nepal Trade Meet-2018. The importers of Nepal and Nepal stakeholders expressed their satisfaction to trade through VPT as the entire processing is much more convenient and transparent.

Krishna Babu suggested to the delegation to set up a liaison officer in Visakhapatnam to coordinate with the customs clearance and port related issues for faster movement of container consignment and also to make available Nepal government email domain for better communication through electronic system.

Rajan Bhattarai, Senior Member, EPG, stated that a common report consisting of four members from both India and Nepal governments is being prepared to address the problems of the both the governments and enquired about the rake movements to Birgunj and the acceptance of LC documents online.

Mahendra P Lama, Member, EPG, stated that India and Nepal are looking forward for a better trade relationship and to create a friendly atmosphere in exchange of trade. He stated that awareness among the importers of Nepal on the documentation, monitoring the work should be made and desires to know as to why Nepal cargo movement is advantageous through VPT.

The VPT urged the delegation to convince the Nepal government to set up the electronic exchange of messaging and streamlining the procedures to avoid delays. Later, the delegation visited container terminal, customs, railways and CONCOR to have a better understanding of end to end logistics.

Show Full Article
Print Article
Next Story
More Stories
ADVERTISEMENT
ADVERTISEMENTS