Nepal cannot imagine movement of its trade without the use of dry ports that are at the fulcrum of its cargo movement and the role of these dry ports will soon become even more crucial as they will be listed on the international map and large international companies will be encouraged to establish their office in the country, thereby facilitating third-country trade. The government has moved the Inter-governmental Agreement on Dry Ports (IADP) in the Parliament for its ratification. Kedar Bahadur Adhikari, Secretary of Commerce and Supplies at The Ministry of Industry, Commerce and Supplies (MoICS), said that after the agreement is ratified by the Parliament, it will receive international recognition with its registration in the United Nations Economic and Social Commission for Asia and Pacific (UNESCAP). The IADP aims to promote international recognition of dry ports, facilitates investment in dry port infrastructure, improves operational efficiency and enhances the environmental sustainability of transport.
This story is from the January 2020 edition of Maritime Gateway.
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This story is from the January 2020 edition of Maritime Gateway.
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