Nepali team in China to fi­nalise tran­sit deal

People's Review - - NEWS -

By Our Re­porter A Nepali del­e­ga­tion headed by Sec­re­tary at the Min­istry of In­dus­try, Com­merce and Sup­plies Chan­dra Ku­mar Ghimire is now in Bei­jing to ne­go­ti­ate the terms of the Pro­to­col to the NepalChina Tran­sit Trans­port Agree­ment. Of­fi­cial talks be­tween the two sides were sched­uled for Tues­day and Wed­nes­day. The Cabi­net meet­ing last week took a de­ci­sion to this ef­fect, del­e­gat­ing the team the au­thor­ity to sign the pro­to­col to the agree­ment signed dur­ing Prime Min­is­ter KP Sharma Oli's visit to China in 2016. Af­ter his re­turn from his sec­ond of­fi­cial visit to China on June 24, PM Oli had pub­licly said that the pro­to­col would be signed in July. Rep­re­sen­ta­tives from the Min­istry of For­eign Af­fairs; Min­istry of Fi­nance; Min­istry of Law, Jus­tice and Par­lia­men­tary Af­fairs; Min­istry of Phys­i­cal In­fra­struc­ture and Trans­port; Trade and Ex­port Pro­mo­tion Cen­tre; and Nepal In­ter­modal Trans­port De­vel­op­ment Board are also in­cluded in the team. It was learnt that Nepal wanted the pro­to­col to be very spe­cific to avoid any need for fur­ther ne­go­ti­a­tions and agree­ments, but the draft pro­to­col for­warded by the Chi­nese side was in broad terms. How­ever, de­tails about the progress made in the deal were not yet known here. The sign­ing of the pro­to­col was es­sen­tial for the im­ple­men­ta­tion of the Tran­sit Trans­port Agree­ment which would pro­vide Nepal ac­cess to Chi­nese sea port for third­coun­try trade. Nepal is presently us­ing Kolkata port in In­dia to ex­port and im­port mer­chan­dise goods to and from third coun­tries.

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