Nepal's caretaker government led by Sher Bahadur Deuba has expressed its reservations over a Chinese proposal to sign a deal in order to carry out a feasibility study of an ambitious cross-border railway under the Belt and Road Initiative (BRI).
India and Nepal Renew Railway Deal to Boost Inter-Country Trade Activities msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
NICCI lauds signing of LoE for RSA thehimalayantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehimalayantimes.com Daily Mail and Mail on Sunday newspapers.
Railways eases cargo movement between India and Nepal
Rail operations between India and Nepal on Friday got a major boost with the authorisation of all cargo train operators to utilise the Indian Railways network for carrying containers bound for the neighbouring country. The Railway Ministry said in a statement that these containers could be bilateral freight between India and Nepal or third country freight from Indian ports to Nepal.
It said that this liberalisation will allow market forces to come up in the rail freight segment in Nepal, and is likely to increase efficiency and cost-competitiveness, eventually benefiting the Nepalese consumers.