| Project Name |
South Asia Subregional Economic Cooperation Customs and Logistics Reforms Program (Subprogram 1) |
| Project Number |
54402-001 |
| Country / Economy |
Nepal
|
| Project Status |
Active |
| Project Type / Modality of Assistance |
Loan
|
| Source of Funding / Amount |
| Loan 4323-NEP: South Asia Subregional Economic Cooperation Customs and Logistics Reforms Program (Subprogram 1) |
|---|
| Concessional ordinary capital resources lending |
US$ 50.00
million
|
|
| Operational Priorities |
OP2: Accelerating progress in gender equality
OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
OP6: Strengthening governance and institutional capacity
OP7: Fostering regional cooperation and integration
|
| Sector / Subsector |
Industry and trade /
Industry and trade sector development
-
Trade and services
Public sector management /
Public administration
|
| Gender |
Some gender elements |
| Description |
The proposed program will support continuing reforms in customs through implementation of the Customs Reform and Modernization (CRM) Plan 2021-2026 and improving trade logistics through the preparation and implementation of a new Trade Logistics Policy (TLP) 2022. |
| Project Rationale and Linkage to Country/Regional Strategy |
The proposed program intends to sustain the reforms implemented under the SASEC Customs Reform and Modernization for Trade Facilitation Program to be complemented by policy interventions that will (i) improve supply chain of critical goods during pandemics, (ii) enhance export competitiveness , and (iii) build capacities of public and private sector. |
| Impact |
|
