The Nepal Department of Customs organised a virtual MoU signing with five governmental and private organisations for onboarding the Nepal National Single Window project (NNSW).
The Director General of Customs, Mr. Yam Lal Bhusal counter-signed the five MoUs on behalf of Executive Management of NNSW project. The virtual MoU signing exemplified commitment and an innovative approach by the Government of Nepal to execute and have a Business-As-Usual attitude despite the COVID outbreak.
At the end of 2019, The Government of Nepal kicked-off a World Bank funded project for setting up a National Single Window (NNSW) connecting over 40 governmental and private agencies involved in international trade.
Powered by Webb Fontaine’s tried and tested technologies and network solutions, the NNSW system securely integrates a wide range of processes related to the smooth operation of the Trade and Customs cycle involving governmental and private organisations.
The project is strategically aligned with a number of key initiatives, including the World Bank sponsored Nepal India Regional Trade and Transport Project (NIRTTP).
NNSW was launched successfully in early 2021 with 6 Governmental Agencies and is used currently by over 600 companies for their Foreign Trade Licenses and Permits. The onboarding of Agency to NNSW is initiated by the Memorandum of Understanding (MoU) between Department of Customs as the lead agency. The MoU defines roles and responsibilities of each agency in this ecosystem.
A Single Window provides an efficient collaborative ecosystem between governmental and private agencies, which is highly needed as the world tries to combat difficult times. The three basic tenants of Single Window in Nepal is contactless, cashless and paperless transactions.
The following agencies were present at the virtual MoU:
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Nepal Rastra Bank NRB (Central Bank of Nepal)
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Signatory: Mr. Ramu Paudel, Executive Director
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Federation of Nepalese Chambers of Commerce and Industry (FNCCI)
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Signatory: Mr. Shekhr Golcha, Chairman
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Confederation of Nepalese Industries (CNI)
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Signatory: Mr. Satish Kunar More, Chairman
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Nepal Chamber of Commerce (NCC)
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Signatory: Mr. Rajendra Malla, Chairman
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Federation of Handicraft Associations of Nepal (FHAN)
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Signatory: Mr. Surendra Bhai Sakya
About Webb Fontaine
Webb Fontaine is revolutionising international trade by empowering governments and communities with technology powered by AI. We offer comprehensive solutions across the trade spectrum, ranging from risk management to customs systems, single window, and beyond. Webb Fontaine is headquartered in Dubai, UAE with a presence across Europe, Middle East, South America, Asia and Africa.
