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Government Fails to Regulate Shipping Companies

Foreign Companies Ignore Government Directive to Conduct Business Only after Registration

  1 min 44 sec to read
Government Fails to Regulate Shipping Companies
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October 9: The government has failed to regulate the shipping companies involved in transporting goods to Nepal from overseas.

The government had announced to make the transport of goods cost-effective, transparent and economical by making a separate law, but the plan has not been able to move ahead as planned.

The private sector has been complaining that the shipping companies transporting containers to Nepal from third countries have been charging fare as per their will because they have not been registered in Nepal. In such condition, the government has not been able to regulate such companies. Such companies have been charging massive amounts to the importers in the name of freight and fines.

Since the government can only regulate companies registered in Nepal, the shipping companies are still out of the government's control. A few months ago, the Ministry of Industry, Commerce and Supplies took the initiative of bringing the shipping companies under the registration process. However, that effort has slowed down.

The Bilateral and Regional Trade Division under the ministry had instructed Nepal-based representative of foreign shipping companies to conduct business only after registering their company here. The representatives were asked to write to the concerned company immediately for the registration process. However, after three months, not a single shipping company has been registered.

 

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