Nepal, India discuss revising transit treaty

IANS  |  Kathmandu 

Nepalese and Indian officials began talks here on Tuesday to revise a Transit Treaty allowing a transit facility to through Indian waterways.

The level talks will start on Thursday.

During K.P. Sharma Oli's visit to from April 6 to 8, the two countries issued a joint statement on new connectivity through inland waterways, opening the door for to reach the sea through waterways for the first time.

If establishes direct access to the sea through waterways, experts said that it would reduce the cost of doing trade for the land-locked nation.

"The two sides are going to discuss on technicalities of incorporating the issue in the Transit Treaty," Rabi Shankar Sainju, at the Ministry of Industry, Commerce and Supply, told Xinhua.

"As it is the first time that two sides are discussing on adding waterway as mode of transit facility, we will basically discuss and try to finalize the content to be incorporated in the Treaty."

According to Madhav Belbase, at the Water and Energy Commission, and might have to form a joint study team to conduct the procedure.

--IANS

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First Published: Tue, April 24 2018. 12:10 IST