Print Edition - 2018-04-04 | News
Inland waterway deal likely
Apr 4, 2018-
Nepal and India are mulling over inland waterway navigation between the two countries and a pact is likely to be signed in New Delhi during the state visit of Prime Minister KP Sharma Oli.
“We have initiated preliminary discussion on introducing such facilities particularly on the Koshi that meets the Ganga river in India,” said an official. With this, three pacts on agriculture, railway and waterway connectivity between Nepal and India would be signed during Oli’s visit.
It remains unknown which route will be identified for waterway but there is consensus between the two countries that some alternatives to road, rail and air connectivity should be explored, an official privy to the developments said.
Under the BBIN (Bangladesh, Bhutan, India and Nepal) initiative, according to officials, Nepal and Bhutan are interested in the initiative as inland waterways are swifter and less expensive ways of freight movement. Bangladesh is also said to be interested in the proposal.
Published: 04-04-2018 08:06