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    {"id":9993,"date":"2018-08-20T14:00:39","date_gmt":"2018-08-20T08:30:39","guid":{"rendered":"https:\/\/www.nepalisansar.com\/?p=9993"},"modified":"2019-03-24T10:58:02","modified_gmt":"2019-03-24T05:28:02","slug":"nepal-india-to-sign-the-dotted-line-for-major-railway-projects","status":"publish","type":"post","link":"https:\/\/www.nepalisansar.com\/news\/nepal-india-to-sign-the-dotted-line-for-major-railway-projects\/","title":{"rendered":"Nepal-India to Sign the Dotted Line for Major Railway Projects"},"content":{"rendered":"

    Nepal and India buckle-up to fast-track the much-discussed Kathmandu-Raxaul railway line and one other important bilateral project!<\/p>\n

    In a recent development concerning the projects, both nations have decided to sign two important agreements for:<\/strong><\/p>\n

      \n
    1. Kathmandu-Raxaul railway line<\/li>\n
    2. Movement of bulk cargo from three additional transit points between both countries<\/li>\n<\/ol>\n

      The \u2018Kathmandu-Raxaul MoU\u2019 will be signed to facilitate a \u2018preliminary\u2019 survey of the upcoming Kathmandu-Raxaul railway line.<\/p>\n

      Background<\/strong>:
      \nWhen Nepal PM KP Sharma Oli visited India<\/a> in April, India had agreed to fund the survey. The Indian team has already conducted the baseline study, starting from Chovar, Kathmandu to Raxaul.<\/p>\n

      \u201cIndia will fully fund the preliminary survey of the proposed railway line<\/a>. Nepali and Indian railway officials will jointly conduct the feasibility study,\u201d said Bhrighu Dhungana, Joint secretary, Nepal Ministry of Foreign Affairs (MoFA).<\/p>\n

      Movement of Bulk Cargo Between Nepal & India:<\/h4>\n

      \"IndiaThe two sides are also preparing to sign a letter of exchange (LoE) \u2018Process Simplification and Additional<\/em>\u2019 Route\u2019 to facilitate the movement of bulk cargo from three more transit points which will amend the Nepal-India bilateral \u2018Transit Treaty\u2019.<\/p>\n

      \u201cBoth the agreements will be signed on the sidelines of the BIMSTEC Summit\u201d, informs an official.<\/p>\n

      Nepal Ministry of Commerce and Supplies Secretary Chandra Ghimire confirmed this when he said that a LoE will be exchanged between Nepal and India to amend the Transit Treaty and smoothen the process of bulk cargo movement between Jogbani in Biratnagar, Nautanwa & Rupedhiya and Indian gateway ports Kolkata, Haldia and Vishakapatnam.<\/p>\n

      \u201cThis will be a big breakthrough for the Nepali industries. Once we start operating the bulk cargo, at least six types of raw materials needed for Nepali industries will be available right at our border,\u201d said Ghimire<\/span>.<\/p><\/blockquote>\n

      How will Nepal Benefit?<\/h4>\n