The fourth Bangladesh-Nepal Commerce Secretary Meeting on Trade, Transit, and Economic Cooperation focused on enhancing bilateral trade and narrowing the trade imbalance between the two nations. The delegations agreed to prioritize reviewing the operational modality for transit cargo, committed concluding the Bilateral Investment Promotion and Protection Agreement, and agreed to review non-tariff barriers hindering growth of Nepal's key export products to Bangladesh.
Tags: Bangladesh, Nepal, Trade, Transit, Economic cooperation
A delegation of Eminent Persons' Group (EPG) members from Nepal visited the Visakhapatnam (Vizag) port on 24 May 2018. The team met with Mr. Movva Tirumala Krishna Babu, Chairman, Vizag Port Trust. The Meeting recommended measures to boost efficiency of cargo shipment from Vizag port to Nepal.
Tags: Nepal, India, Ports, Trade, Transit, Hydropower, Cooperation
The Governments of India and Nepal held an India-Nepal Inter-Governmental Committee Meeting on Trade, Transit, and Cooperation to Control Unauthorised Trade, led by Commerce Secretaries of the two Governments. They discussed bilateral trade, transit, and economic relations, and agreed to conclude measures to further improve bilateral trade and investment ties.
Tags: India, Nepal, Trade Facilitation, Transport, Transit, Inland waterways, Standards Harmonization