New Delhi: India and Nepal signed a deal to boost the rail trade connectivity after a bilateral meeting held between Union Commerce and Industry Minister Piyush Goyal and his Nepal counterpart Anil Kumar Sinha on Thursday.
According to a press release by the Union Ministry of Commerce & Industry, both countries exchanged a Letter of Exchange (LoE) amending the Protocol to the Treaty of Transit between India and Nepal.
The ministry added that this signing will facilitate the movement of rail-based freight between Jogbani (India) and Biratnagar (Nepal), including bulk cargo under an expanded definition. This liberalisation extends to key transit corridors - Kolkata-Jogbani, Kolkata-Nautanwa (Sunauli), and Visakhapatnam-Nautanwa (Sunauli), thereby strengthening multimodal trade connectivity between the two countries and Nepal's trade with third countries.