Weeks after auto-renewal of trade treaty with India, Nepal wants revision

The bilateral trade treaty was automatically renewed in November without addressing several of Nepal’s concerns.

Nepal and India have agreed to renew the bilateral treaty on transit, and also to discuss the treaty on trade, which was automatically renewed in November without addressing several of Nepal’s concerns. This agreement was reached during the Nepal-India Inter-Governmental Sub-Committee (IGSC) on Trade, Transit, and Cooperation to Combat Unauthorised Trade held in Kathmandu on January 11 and 12.