Nepal and India have signed a Memorandum of Understanding to exchange export and import data in advance, aiming to streamline trade and strengthen customs enforcement. The agreement was signed in New Delhi by Nepal Customs Director General Shyam Prasad Bhandari and India’s CBIC Chairman Vivek Chaturvedi. The MoU enables digital sharing of export data to improve risk assessment, shorten clearance times, and enhance trade security. Implementation will begin with selected goods and expand gradually.
