The Nepal Ministry of Industry, Commerce and Supplies submitted a document requesting that the Customs Department of Nepal permit Vietnam to re-export the consignment of pepper.
Since the submission of the document, the majority of pepper shipments have been granted the No Objection Certificate by the Customs Department of Nepal.
Previously, a number of Vietnamese pepper exporters had faced difficulties in attempting to export the product to Nepal. Indeed, many of their items didn’t receive clearance after it emerged that the firms based in Nepal had failed to apply for import permits while also refusing to receive the shipments.
Vietnamese businesses are now contacting Nepali shipping agents in order to get the shipments from Nepal, with the clearance of the containers expected to put an end to the storage costs incurred by the enterprises.
Once the shipments return, they will be able to continue being exported to other markets in order to take advantage of the high price for pepper exports at present.