Electronic cargo tracking to come into effect on February 15
January 26, 2019 09:31 AM NPT
KATHMANDU, Jan 26: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has appreciated the government’s announcement to implement Electronic Cargo Tracking System (ECTS), replacing tedious paper work while importing goods from third countries via Kolkata/Haldiya port through railway.
Organizing a press meet in Kathmandu on Friday, FNCCI appreciated the joint step taken by the governments of Nepal and India. Representatives of both the governments had recently signed an agreement to implement the ECTS system from February 15.
Implementation of ECTS will save both time and money of importers, according to Shekhar Golchha, senior vice president of FNCCI.
“Before this, a consignment used to take at least a month to be delivered in Nepal going through all the paper work from Kolkata port to Birgunj dry port. But now it will take maximum four to five days to receive consignment delivery,” Golchha said.
“Currently an importer has to make several rounds at different desks at both Kolkata and Birgunj, submitting eight different papers of cargo clearance. The electronic system will replace all paper work,” Golchha said at the press meet.
He further said that the new system will reduce unnecessary transit costs for importers.
“Importers have been spending up to Rs 40,000 per container for the cargo clearance under several titles,” he said. “Now the amount will be saved.”
The electronic tracking system is also expected to allow importers to easily detect unwanted infiltration, pilferage or deflection that may occur during the transit of cargo, and reduce demurrage charges.