KATHMANDU: At time when Nepal is experiencing a ballooning trade deficit with India, government officials from both countries are meeting in Pokhara to discuss about various aspects relating to the Nepal-India Trade Treaty.
The two-day meeting to be held on February 8 and 9 is expected to be ‘highly relevant and productive’. The meeting is said to explore the ways to reduce the huge trade deficit between the two countries, according to Rabi Shanker Sainju, Joint Secretary at the Ministry of Industry, Commerce and Supplies.
The meeting is also discuss on amending the bilateral treaties as per the need of time, it is said. It is learned that the meeting, which will be led by Sainju representing the Nepali delegation, is expected to recommend for amendment to the Nepal-India Trade Treaty-1990. Meanwhile, Sainju’s Indian counterpart Bhupinder Bhalla is heading the seven-member Indian team.
The meeting will be participated by officials from the Ministry of Industry, Commerce and Supplies; Ministry of Foreign Affairs and the Departments of Customs and Commerce.
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