MOU On Customs Modernization

<br>

Aug. 9, 2011, 5:45 p.m. Published in Magazine Issue: Vol.: 05 No.-4 Aug. 05-2011 (Shrawan 20,2068)<BR>

The Ministry of Foreign Affairs and Trade of the Republic of Korea and the Ministry of Finance of the Government of Nepal signed a Memorandum of Understanding for the project ‘Modernization of Customs Administration in Nepal’. The MOU was signed by HONG Sungmog, Korean Ambassador to Nepal and Krishna Hari Baskota, Secretary of the Ministry of Finance on July 21, 2011 in the Ministry of Finance.Korea International Cooperation Agency (KOICA) on behalf of the Republic of Korea and Department of Customs (DoC) on behalf of the Government of Nepal will implement the project. KOICA will spend US$ 5million for this project for 3 years (2011 – 2013).


The main objective of the project is to implement the Business Processes Reengineering (BPR) and draw up Information Strategic Plan (ISP) and improve the efficiency and transparency of the administrative process of the DoC. This project will also improve the ICT operating condition and capacity of the DoC through provision of ICT equipment.


KOICA will develop and establish Clearance Management Module, Risk Management Module and Data Warehouse. KOICA shall provide the software, equipment and materials necessary to implement the project.


KOICA will dispatch Korean experts to provide necessary technical guidance and KOICA will also provide series of trainings to Nepali officials of the DoC to acquire knowledge and experience required for the successful implementation of the project.


This project is expected to support the DoC to achieve its target that it has set under the framework of the “Customs Reform & Modernization Action Plan, 2009-2013” in order to increase tax revenue, provide user-friendly service, and enhance capacity of customs officials.

More on Economy

The Latest

Latest Magazine

VOL. 17, No. 17, April.12,2024 (Chaitra,30. 2080) Publisher and Editor: Keshab Prasad Poudel Online Register Number: DOI 584/074-75

VOL. 17, No. 16, March.29,2024 (Chaitra,16. 2080) Publisher and Editor: Keshab Prasad Poudel Online Register Number: DOI 584/074-75

VOL. 17, No. 15, March.10,2024 (Falgun,27. 2080) Publisher and Editor: Keshab Prasad Poudel Online Register Number: DOI 584/074-75

VOL. 17, No. 14, February.23,2024 (Falgun,11. 2080) Publisher and Editor: Keshab Prasad Poudel Online Register Number: DOI 584/074-75