Xinhua, Kathmandu :
Nepal has proposed the date for holding the bilateral meeting with China on finalizing the protocol of the Transit Transport Agreement (TTA) for Nov. 6-8, a senior Nepalese government official said.
During visit of former Nepalese Prime Minister K.P Sharma Oli to China last March, the two nations had signed the agreement which will pave the way for either country to use each other’s territory for third country trade.
However, the TTA is just a framework and is incomplete without the protocol. The protocol to the TTA will include details about customs arrangements, mode of transport, types of cargo and operational modality.
Nepal’s third country trade is presently conducted only through Indian territory. The TTA with China allows the Himalayan country to transport its imports and exports via its neighbour’s territory.
Rabi Sainju, joint secretary at the Nepal’s Commerce Ministry, who also heads protocol preparation team of Nepal government, told Xinhua on Saturday that they proposed the date for holding the meeting on protocol.
“The Chinese side has said they would respond within a few days on the proposed date,” he said. After the signing of TTA, it will be the first bilateral meeting regarding the development of protocol to the agreement.
Nepal has proposed the date for holding the bilateral meeting with China on finalizing the protocol of the Transit Transport Agreement (TTA) for Nov. 6-8, a senior Nepalese government official said.
During visit of former Nepalese Prime Minister K.P Sharma Oli to China last March, the two nations had signed the agreement which will pave the way for either country to use each other’s territory for third country trade.
However, the TTA is just a framework and is incomplete without the protocol. The protocol to the TTA will include details about customs arrangements, mode of transport, types of cargo and operational modality.
Nepal’s third country trade is presently conducted only through Indian territory. The TTA with China allows the Himalayan country to transport its imports and exports via its neighbour’s territory.
Rabi Sainju, joint secretary at the Nepal’s Commerce Ministry, who also heads protocol preparation team of Nepal government, told Xinhua on Saturday that they proposed the date for holding the meeting on protocol.
“The Chinese side has said they would respond within a few days on the proposed date,” he said. After the signing of TTA, it will be the first bilateral meeting regarding the development of protocol to the agreement.
