The ‘Kathmandu-Raxaul MoU’ will be signed to facilitate an ‘preliminary’ survey of the upcoming Kathmandu-Raxaul railway line.
KHATMANDU: Nepal and India buckle-up to fast-track the much-discussed Kathmandu-Raxaul railway line and one other important bilateral project!
In a recent development concerning the projects, both nations have decided to sign two important agreements for:
Kathmandu-Raxaul Railway line:
- Movement of bulk cargo from three additional transit points between both countries
- The ‘Kathmandu-Raxaul MoU’ will be signed to facilitate a ‘preliminary’ survey of the upcoming Kathmandu-Raxaul railway line.
When Nepal PM KP Sharma Oli visited India in April, India had agreed to fund the survey. The Indian team has already conducted the baseline study, starting from Chovar, Kathmandu to Raxaul.
“India will fully fund the preliminary survey of the proposed railway line. Nepali and Indian railway officials will jointly conduct the feasibility study,” said Bhrighu Dhungana, Joint secretary, Nepal Ministry of Foreign Affairs (MoFA).
Movement of Bulk Cargo Between Nepal & India:
The two sides are also preparing to sign a letter of exchange (LoE) ‘Process Simplification and Additional’ Route’ to facilitate the movement of bulk cargo from three more transit points which will amend the Nepal-India bilateral ‘Transit Treaty’.
“Both the agreements will be signed on the sidelines of the BIMSTEC Summit”, informs an official.
Nepal Ministry of Commerce and Supplies Secretary Chandra Ghimire confirmed this when he said that a LoE will be exchanged between Nepal and India to amend the Transit Treaty and smoothen the process of bulk cargo movement between Jogbani in Biratnagar, Nautanwa & Rupedhiya and Indian gateway ports Kolkata, Haldia and Vishakapatnam.