Nepal: SASEC Customs Reform and Modernization for Trade Facilitation Program

The program will support the simplification, harmonization, and modernization of Nepal's trade processes to meet international standards. This will contribute to Nepal's national goals of promoting and diversifying exports, and help the country fulfill its commitments to the Trade Facilitation Agreement (TFA) of the World Trade Organization (WTO) and related international standards on customs.


PROJECT DETAILS

Commitment Date

Funding Type

Country

Sector

Status

Total Cost

10 Sep 2017

Loan

Nepal

Trade Facilitation

Ongoing

$21 million

KEY OUTPUTS

Improve national policy and legal framework for trade facilitation

Improve Customs procedures

Strengthen Nepal Department of Customs' operational structure

Enhance Nepal Department of Customs' capacity

FINANCING

$21 million (Asian Development Fund)