July 13, 2017<\/strong><\/p>\n Nepal is keen on leveraging the potential of the Indian port city, Vishakhapatnam, thereby boosting its trade ties with India.<\/p>\n This was evident in \u2018Nepal-India Trade Transit and connectivity: Issues and Facilities\u2019, a workshop jointly organised by the Nepali Embassy in New Delhi and India\u2019s Institute for Defense Studies and Analysis (IDSA), in Vishakhapatnam, on Tuesday.<\/p>\n The workshop focused on trade, transit and connectivity between India and Nepal.<\/p>\n In his inaugural address at the event, Deep Kumar Upadhyaya, Nepali Ambassador to India expressed Nepali traders\u2019 willingness to leverage the potential of highly-advanced port facilities in Vishakhapatnam, for their transit operations.<\/p>\n He added that India, besides being the biggest trade partner of Nepal, is also a major transit country for Nepal\u2019s trade with other countries.<\/p>\n Speaking on the occasion, M T Krishna Babu, Chairman of Visakhapatnam Port, requested the Government of Nepal to set up a Consulate office in Vishakhapatnam.<\/p>\n \u201cThough geographically Kolkata\/Haldia may be nearer to Nepal, Vizag may work out cheaper considering other factors and advantages here,\u201d said Krishna Babu<\/span>, while noting that Nepal\u2019s trade from Vishakhapatnam is still at a nascent stage.<\/p><\/blockquote>\n Container terminal in Vishakhapatnam port would benefit Indo-Nepal trade, he noted.<\/p>\n","protected":false},"excerpt":{"rendered":" July 13, 2017 Nepal is keen on leveraging the potential of the Indian port city, Vishakhapatnam,…<\/span><\/p>\n