KATHMANDU, Aug 23 (Xinhua): The Nepali government has initiated exercises for securing Mumbai, India's commercial capital, as Nepal's second transit point, The Kathmandu Post reported today.
According to the daily, the exercises were started after India agreed in principle, but sought rationale, for allowing Nepal to use the Jawaharlal Nehru port in Mumbai for third country trade.
In the first among a series of exercises, the government has assigned the UN Trade Related Capacity Building Project to conduct a detailed study to ascertain the volume of export traffic, economic benefits and possible modalities for cargo movement, said Purushottam Ojha, acting secretary of the Ministry of Industry, Commerce and Supplies.
Talking to the daily, Javed Ashraff, economic counsellor at the Indian Embassy in Kathmandu, said that India has already agreed to let Nepal to use Mumbai as Nepal's second transit point.
Nepali govt to ask India for second transit point
FE Team | Published: August 24, 2007 00:00:00 | Updated: February 01, 2018 00:00:00
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