Financial Daily from THE HINDU group of publications
Tuesday, Aug 20, 2002
Financial Daily from THE HINDU group of publications Tuesday, Aug 20, 2002 |
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Agri-Biz & Commodities
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Foods & Food Processing Industry & Economy - Foreign Trade More food-testing labs along India-Nepal border Our Bureau
NEW DELHI, Aug. 19 THE India-Nepal Inter-Governmental Committee, which met here over the past four days, has decided that India will set up additional food testing laboratories at two mutually agreed locations and three additional agriculture quarantine stations along the India-Nepal border. India will also examine the feasibility of Nepal's request for reducing the food testing fees, according to an official release. The Nepalese team welcomed India's decision to exempt excise duty on aviation turbine fuel (ATF) supplied to the Royal Nepal Airline, the West Bengal Government's decision to modify the provisions of luxury tax which would benefit Nepalese exports to India as well as the streamlining of the import of Nepalese vanaspati by the Central Warehousing Corporation through the canalisation arrangement. The country also agreed to consider Nepal's request for increasing the tariff rate quota on copper. The Indian team pointed out the continuing discrimination against the export of India's cars to Nepal on self-certification basis. Nepal agreed to implement a uniform procedure for all countries within three months.
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