Amendment of the protocol of transit treaty between Nepal-India, all types of cargo can be transported
-
Media Baaji
- Fri, 14 November 2025
Kathmandu. With the amendment in the protocol of the transit treaty between Nepal and India, now all kinds of cargo can be transported to Bhairahawa through Kolkata and Visakhapatnam, Biratnagar Jogwani and Nautanwa Sunauli routes. Jitendra Basnet, spokesperson of the Ministry of Industry, Commerce and Supply, informed that the amendment is expected to reduce both the transportation cost and time in Nepal and contribute significantly to trade facilitation.
Supply Minister Anil Kumar Sinha, on his way to Visakhapatnam, India, today met with the Commerce and Industry Minister of the Government of India, Piyush Goyal, at India's Commerce Building in New Delhi. On this occasion, a formal exchange of the amended protocol of the transit treaty was made between the two countries. Spokesperson Basnet said that earlier, only four bulk goods could be transported by rail from both points, but now all types of cargo can be sent by rail and road.
During the meeting, bilateral trade between Nepal and India, transit arrangements, business infrastructure development and investment promotion were discussed in detail, the ministry said. Minister Sinha emphasized that the certification process should be simplified to facilitate trade and transit between the two countries. On that occasion, Minister Sinha praised India's 'neighbourhood first policy' and mentioned that more cooperation and coordination is needed in the areas of bilateral trade, transport and investment promotion in accordance with the said policy.
Express
Related News
What are the foreign currency exchange rates for today?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Wednesday. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 06 paisa and the selling rate is 146 rupees 66 paisa. Similarly...
Everest Color will issue IPO from May 16
Kathmandu. Everest Color Limited is going to issue ordinary share IPO for the Nepalese who are employed abroad in the first phase from this 16th of Baisakh. The company has received permission from the Nepal Securities Board to issue 16.33 percent...
Today, NEPSE increased by normal numbers, turnover of 6.99 billion
Kathmandu. On the second trading day of the week, NEPSE index increased by 4.90 points to 2639.91. During the day, 13.6 million 24 thousand 824 shares of 349 companies were bought and sold, resulting in a turnover of 6.994 million shares. Today, w...
Preparing to introduce monetary policy on July 1, the National Bank Act is being amended
Kathmandu. The government is going to announce the monetary policy from the next financial year on July 1. Necessary legal preparations have been made for that. This agreement was reached during the regular discussion on the bill made to amend the...
Starting today, financial calculations are being conducted across the country
Kathmandu. From today, the second financial calculation is being conducted across the country. According to the National Statistics Office, the enumerators and necessary supervisors have reached the relevant areas all over the country. According t...
Fuel prices have increased from India, but will not increase immediately in Nepal
Kathmandu. Indian Oil Corporation IOC has increased the price of petroleum products sold to Nepal. According to the new price list sent by IOC to Nepal Oil Corporation on Wednesday, petrol per liter has increased by Rs 20.44 paise, diesel by Rs. S...