March 12: The implementation of electronic cargo tagging system on goods imported from third countries has reached in final stage. The government is bringing the system for the fast and convenient way of transportation of goods.
The system will be operated with the assistance of Asian Development Bank (ADB). According to Rabi Shankar Sainju, spokesperson at the Ministry of Commerce (MoC), the government is all set to introduce the system with an aim to simplify trade. The required software has also been developed for the implementation of online tracking system.
“The first three months will be trial period for the implementation of the system,” informed Sainju, adding, “The government is implementing the system especially for the goods that are imported from third countries via India.”
The ministry claims that the agreement for this has already been made. India itself has also develop required software for this, informed the ministry.
According to the ministry, with the implementation of the system, the entry of goods arriving from third countries will be fast. Sainju informed that the system will be made compulsory once the trial period is finished.