SIGNIFICANT PROGRESS IN TALKS ON INDO-NEPAL TRADE TREATY
Date : 22 Feb 2002
Location : New Delhi
The fifth round of bilateral talks between India and Nepal to review and revise the Indo-Nepal Trade Treaty was held at Kathmandu on 18-19 February 2002. The Indian delegation was led by Shri Dipak Chatterjee, Commerce Secretary, Government of India. The Nepalese delegation was led by Shri Bhanu Prasad Acharya, Secretary, Ministry of Commerce, Industry and Supplies of His Majesty’s Government of Nepal. Significant progress was made during these talks in terms of narrowing down of differences. The next round of talks is likely to be held at New Delhi on 27-28 February 2002. The Indo-Nepal Trade Treaty was valid initially upto 5th December 2001 and was subsequently extended by a period of 3 months upto March 5, 2002.