AN EXPLORATION OF THE NEED FOR AND COST OF SELECTED TRADE FACILITATION MEASURES IN ASIA AND THE PACIFIC IN THE CONTEXT OF THE WTO NEGOTIATIONS

Response
(Y = Yes; N = No)

Comments

C
N

I
N

I
D

B
D

N
P

CN: China / IN: Indonesia / ID: India /
BD: Bangladesh / NP: Nepal

68

Has an international
guarantee system been
implemented?

Y

N

N

ID: Mutual guarantees are provided
by national governments /
NP: Not applicable as Nepal is
not transit country.

69

Are securities and/or
guarantees required for all
goods in transit?

Y

N

Y

ID: Only in case of sensitive
commodities as declared by
Government of India. As of now there
are 8 such commodities.

70

Are cash deposits required
for goods in transit?

N

N

N

NP: Not applicable as Nepal is not
transit country.

71

Are securities and/or
guarantees discharged as
soon as the obligations have
been fulfilled?

Y

N

Y

NP: Not applicable as Nepal is not
transit country.

Examination

72

Are examinations for goods
in transit based on the
application of risk
assessment?

Y

Y

N

ID: Currently, there is no scope for it
in the bilateral treaties.

Authorized Trades

73

Are simplified procedures
established for authorized
consignors involved in the
transit procedure?

Y

N

Y

ID: It is same for all. However,
government is working to implement it.

Seals and Fastening

74

Are seals and identification
marks affixed by foreign
Customs accepted for
customs transit operations?

Y

N

Y

NP: Not applicable as Nepal is not
transit country.