Trade and Transport Facilitation Monitoring Mechanism in Nepal
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 105 |
Release | : 2017-12-01 |
ISBN-10 | : 9789292610432 |
ISBN-13 | : 9292610430 |
Rating | : 4/5 (32 Downloads) |
Book excerpt: The establishment of a Trade and Transport Facilitation Monitoring Mechanism (TTFMM) is important because it allows a country to take stock, identify bottlenecks, and prioritize recommendations for the implementation of trade facilitation measures. A baseline study is the first step to establish TTFMM. This report reviews trade and transport procedures in Nepal, highlights the importance of monitoring trade and transport facilitation, and lays a foundation for future studies and establishment of long-term, sustainable TTFMM. In light of the Bangladesh, Bhutan, India, Nepal (BBIN) Motor Vehicles Agreement, the report presents both the challenges and enormous opportunities for enhancing efficiency along the BBIN corridors.