August 12, 2026, Wednesday
English

Amendment of the protocol of transit treaty between Nepal-India, all types of cargo can be transported

Main News Image

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.

mediabaaji add

Related News

Monthly stipend for the injured of Gen-G movement: Govt started four tier classification

Kathmandu. The government has accelerated the classification of those who were injured during the demonstration by Yuva Pusta Genji on August 23 and 24. The Ministry of Home Affairs has implemented the procedure approved by the Council of Minister...

The capital market increased by 45 percent: shine in the banking and financial sector!

Kathmandu. The stock market continues to fluctuate continuously. Although the market fell by a few points on Tuesday, there was an improvement on Wednesday. Although it has increased today, the current ups and downs are considered to be the effect...

More than 2.7 million smart licenses were sent to the offices for distribution

Kathmandu. The Transport Management Department has completed the printing of driver's license (Smart License) which has been stopped for the past four years and has accelerated the distribution process.

The department issued a statement and...

Janakpur Cigarette Factory in Pakhai to be reopened

Janakpur. The only cigarette factory in the country, Janakpur Cigarette Factory Limited, which was operating 62 years ago, is in the process of reopening. The Janakpur cigarette factory, which was unfortunately closed due to the political environm...

The NEPSE index fell by double digits, trading at four billion

Kathmandu. The Nepal Stock Exchange NEPSE index fell by double digits. Today, the NEPSE index decreased by 12.50 points to 2,594.87 points. According to NEPSE, 1 crore 12 lakh 72 thousand 168 shares of 330 companies we...

Nabil Bank won the Trishuli hydropower case in the Chinese court

Kathmandu. Nabil Bank Limited has succeeded in the case related to the counter guarantee of the Trishuli Hydropower Company Limited project in the Chinese court. Nabil Bank said that after the Chongqing Higher People's Court of China ruled in favo...