A Memorandum of Intent (MOI) on India-Nepal Electronic Cargo Tracking System (ECTS) pilot run will soon be signed by the Governments of India and Nepal to facilitate movement of traffic-in-transit belonging to Nepal from the port of arrival in India to Nepal.
The India-Nepal pilot aims to demonstrate the benefits, especially in terms of reduced costs, of the ECTS system.The pilot project will be supported by the Asian Development Bank (ADB) under the South Asia Subregional Economic Cooperation (SASEC) Trade Facilitation Strategic Framework, and its success will serve as the basis for its use in other SASEC corridors as well as in inland movement of cargo.
Currently clearance is done through physical inspection and it is time-consuming as well as costly for business. The MOI will include use of Electronic Cargo Tracking System (ECTS) to follow the cargo (containers and full-body trucks) as it moves from port of arrival through India, to the Nepal border.
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