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Bangladesh, Nepal revive transit deal
by Vincent Gomez on July 16th 2010 and filled under Other

Bangladesh and Nepal have revived a deal signed more than three decades ago to work out a transit route through which landlocked Nepal can access the Mongla port. Trucks from Nepal will be allowed into Bangladesh territory to get to Mongla Port. There will be no entry fees for cargo from Nepal. But Bangladesh will charge port fees, labour wages and other costs. The deal will need to be ratified by both governments and parliaments. Dhaka and Kathmandu worked on the deal at the meeting of the commerce secretaries here Thursday, The Daily Star reported.

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Source: http://smetimes.tradeindia.com/smetimes/news/global-business/2010/Jul/16/bangladesh-nepal-...

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