Nepal and India have signed a letter of intent for a rail service agreement between Nepal and India

nepal-and-india-signed-loe-to-nepal-india-rail-service-agreement

Nepal and have signed a Letter of Exchange (LoE) for the 2004 India-Nepal Rail Services Agreement (RSA). On 9 July 2021, the two governments held a virtual ceremony to exchange Notes Verbales and signed copies of the LoE.

The ceremony presided over by Sanjay Kumar Mohanty, Member (Operations and Business Development), Ministry of Railways. Dinesh Bhattarai, Secretary, Ministry of Commerce, Industry, and Supplies, led the Nepalese delegation.

The ceremony was held in the presence of of India to Nepal Vinay Mohan Kwatra, Ambassador of Nepal to India Nilamber Acharya, Joint Secretary (North), Ministry of External Affairs of India Anurag Srivastava, and Joint Secretary (South Asia), Ministry of Foreign Affairs of Nepal Tirtha Raj Wagle, according to a press release issued by The Embassy of India Kathmandu. Representatives from the two embassies as well as relevant Ministries from both governments were also present.

With the enactment of the LoE, all authorized cargo train operators, public and private container train operators, automobile freight train operators, special freight train operators, and any other operator authorized by Indian Railways, will be able to use the Indian railway network to carry Nepal’s container and other freight both bilaterally between India and Nepal.

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This liberalization will allow market to emerge in Nepal’s rail freight segment, increasing efficiency and cost-competitiveness, ultimately benefiting Nepalese traders, transporters, and consumers.

Furthermore, as a result of this LoE, all types of cargo in all categories of wagons that can carry freight on the Indian Railways network within India can now also carry freight to and from Nepal.

The liberalization will primarily lower transportation costs for automobiles and other products transported in special wagons. Wagons owned by Nepal Railway Company will also be permitted to transport Nepal-bound freight (inbound and outbound on the Kolkata/Haldia to Biratnagar/Birgunj routes) on the Indian Railways network in accordance with IR standards and procedures.

The LoE also updates several other sections of the India-Nepal RSA to reflect the most recent operational and infrastructure status of the Indian and Nepalese railways. As a result, it represents yet another milestone in India’s efforts to improve regional connectivity under the “Neighborhood First” policy.

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Nepal and India have signed a letter of intent for a rail service agreement between Nepal and India

nepal-and-india-signed-loe-to-nepal-india-rail-service-agreement

Nepal and India have signed a Letter of Exchange (LoE) for the 2004 India-Nepal Rail Services Agreement (RSA). On 9 July 2021, the two governments held a virtual ceremony to exchange Verbales and signed copies of the LoE.

The ceremony was presided over by Sanjay Kumar Mohanty, Member ( and Business Development), Ministry of Railways. Dinesh Bhattarai, Secretary, Ministry of Commerce, Industry, and Supplies, led the Nepalese delegation.

The ceremony was held in the presence of Ambassador of India to Nepal Vinay Mohan Kwatra, Ambassador of Nepal to India Nilamber Acharya, Joint Secretary (North), Ministry of External Affairs of India Anurag Srivastava, and Joint Secretary (South Asia), Ministry of Affairs of Nepal Tirtha Raj Wagle, according to a press release issued by The Embassy of India Kathmandu. Representatives from the two embassies as well as relevant Ministries from both governments were also present.

With the enactment of the LoE, all authorized cargo train operators, including public and private container train operators, automobile freight train operators, special freight train operators, and any other operator authorized by Indian Railways, will be able to use the Indian railway network to carry Nepal’s container and other freight – both bilaterally between India and Nepal.

Also Read  Tokyo Olympics Opening: March Pass in empty stadium

1 (2).jpeg

This liberalization will allow market forces to emerge in Nepal’s rail freight segment, increasing efficiency and cost-competitiveness, ultimately benefiting Nepalese traders, transporters, and consumers.

Furthermore, as a result of this LoE, all types of cargo in all categories of wagons that can carry freight on the Indian Railways network within India can now also carry freight to and from Nepal.

The liberalization will primarily lower transportation costs for automobiles and other products transported in special wagons. Wagons owned by Nepal Railway Company will also be permitted to transport Nepal-bound freight (inbound and outbound on the Kolkata/Haldia to Biratnagar/Birgunj routes) on the Indian Railways network in accordance with IR standards and procedures.

The LoE also updates several other sections of the India-Nepal RSA to reflect the most recent operational and infrastructure status of the Indian and Nepalese railways. As a result, it represents yet another milestone in India’s efforts to improve regional connectivity under the “Neighborhood First” policy.

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1 (3) (1).jpeg

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Online since 2001, Nepal123.com is one of the oldest infotainment portals in Nepal.

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Nepal and India have signed a letter of intent for a rail service agreement between Nepal and India

nepal-and-india-signed-loe-to-nepal-india-rail-service-agreement

Nepal and India have signed a Letter of Exchange (LoE) for the 2004 India-Nepal Rail Services Agreement (RSA). On 9 July 2021, the two governments held a virtual ceremony to exchange Notes Verbales and signed copies of the LoE.

The ceremony was presided over by Sanjay Kumar Mohanty, Member (Operations and Business Development), Ministry of Railways. Dinesh Bhattarai, Secretary, Ministry of Commerce, Industry, and Supplies, led the Nepalese delegation.

The ceremony was held in the presence of Ambassador of India to Nepal Vinay Mohan Kwatra, Ambassador of Nepal to India Nilamber Acharya, Joint Secretary (North), Ministry of External Affairs of India Anurag Srivastava, and Joint Secretary (South ), Ministry of Foreign Affairs of Nepal Tirtha Raj Wagle, according to a press release issued by The Embassy of India Kathmandu. Representatives from the two embassies as well as relevant Ministries from both governments were also present.

With the enactment of the LoE, all authorized cargo train operators, including public and private container train operators, automobile freight train operators, special freight train operators, and any other operator authorized by Indian Railways, will be able to use the Indian railway network to carry Nepal’s container and other freight – both bilaterally between India and Nepal.

Also Read  Tokyo Olympics Opening: March Pass in empty stadium

1 (2).jpeg

This liberalization will allow market forces to emerge in Nepal’s rail freight segment, increasing efficiency and cost-competitiveness, ultimately benefiting Nepalese traders, transporters, and consumers.

Furthermore, as a result of this LoE, all types of cargo in all categories of wagons that can carry freight on the Indian Railways network within India can now also carry freight to and from Nepal.

The liberalization will primarily transportation costs for automobiles and other products transported in special wagons. Wagons owned by Nepal Railway Company will also be permitted to transport Nepal-bound freight (inbound and outbound on the Kolkata/Haldia to Biratnagar/Birgunj routes) on the Indian Railways network in accordance with IR standards and procedures.

The LoE also updates several other sections of the India-Nepal RSA to reflect the most recent operational and infrastructure status of the Indian and Nepalese railways. As a result, represents yet another milestone in India’s efforts to improve regional connectivity under the “Neighborhood First” policy.

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1 (3) (1).jpeg

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Read full story at Nepal123.com

Nepal123.comhttps://nep123.com
Online since 2001, Nepal123.com is one of the oldest infotainment portals in Nepal.

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Rotary Club of Kasthamandap honors State Minister Shrestha

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Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!

Nepal and India have signed a letter of intent for a rail service agreement between Nepal and India

nepal-and-india-signed-loe-to-nepal-india-rail-service-agreement

Nepal and India have signed a Letter of Exchange (LoE) for the 2004 India-Nepal Rail Services Agreement (RSA). On 9 July 2021, the two governments held a virtual ceremony to exchange Notes Verbales and signed copies of the LoE.

The ceremony was presided over by Sanjay Kumar Mohanty, Member (Operations and Business Development), of Railways. Dinesh Bhattarai, Secretary, Ministry of Commerce, Industry, and Supplies, led the Nepalese delegation.

The ceremony was held in the presence of Ambassador of India to Nepal Vinay Mohan Kwatra, Ambassador of Nepal to India Nilamber Acharya, Joint Secretary (North), Ministry of External Affairs of India Anurag Srivastava, and Joint Secretary (South Asia), Ministry of Foreign Affairs of Nepal Tirtha Raj Wagle, to a press release issued by The Embassy of India Kathmandu. Representatives from the two embassies as well as relevant Ministries from both governments were also present.

With the enactment of the LoE, all authorized cargo train operators, including public and private container train operators, automobile freight train operators, special freight train operators, and any other operator authorized by Indian Railways, will be able to use the Indian railway network to carry Nepal’s container and other freight both bilaterally between India and Nepal.

Also Read  School gets telescope

1 (2).jpeg

This liberalization will allow market forces to emerge ’s rail freight segment, increasing efficiency and cost-competitiveness, ultimately benefiting Nepalese traders, transporters, and consumers.

Furthermore, as a result of this LoE, all types of cargo in all categories of wagons that can carry freight on the Indian Railways network within India can now also carry freight to and from Nepal.

The liberalization will primarily lower transportation costs for automobiles and other products transported in special wagons. Wagons owned by Nepal Railway Company will also be permitted to Nepal-bound freight (inbound and outbound on the Kolkata/Haldia to Biratnagar/Birgunj routes) on the Indian Railways network in accordance with IR standards and procedures.

The LoE also updates several other sections of the India-Nepal RSA to reflect the most recent operational and infrastructure status of the Indian and Nepalese railways. As a result, it represents yet another milestone in India’s efforts to improve regional connectivity under the “Neighborhood First” policy.

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1 (3) (1).jpeg

You may also like:


Read full story at Nepal123.com

Nepal123.comhttps://nep123.com
Online since 2001, Nepal123.com is one of the oldest infotainment portals in Nepal.

More from author

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related posts

Latest posts

Nepal Citizens Clinch Lesser Foreign Jobs in Last Year

Nepali nationals landing jobs in international locations has become a complex task as government data reflects that slightly more than one-third of the previous...

33-kg-gold scam-accused Bhoje lands in police net

KATHMANDU: Police have arrested Bhoj Raj Bhandari alias Bhoje, a fugitive accused of the 33-kg-gold scam. Bhandari, who had gone into hiding after being...

Rotary Club of Kasthamandap honors State Minister Shrestha

KATHMANDU: Rotary Club of Kasthamandap has honored newly elected Minister of State for Health and Population Umesh Shrestha on Friday. Speaking at the felicitation...

Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!