South Asia Subregional Economic Cooperation Customs Reform and Modernization for Trade Facilitation (ADB-50254-002)

Countries
  • Nepal
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jul 24, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Department of Customs
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 15, 2020

Disclosed by Bank Jul 24, 2017


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Project Description

This project provides technical assistance to strengthen Nepal's Department of Customs' reform capacity and help the country fulfill its commitments to the Trade Facilitation Agreement of the World Trade Organization and other international standards.

Investment Description
  • Asian Development Bank (ADB)

This project is funded by:

Japan Fund for Poverty Reduction (Grant) (Asian Development Bank): US$ 1 million

Contact Information

Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

Department of Customs
Tripureshwar, Kathmandu, Nepal

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main