 April 2018India and Nepal are set to develop the inland waterway linkage between their countries to promote efficient and more cost effective movement of goods. India Prime Minister Narendra Modi and Nepal Prime Minister KP Sharma Oli issued a joint statement on forging this new route—which will also open additional sea access to landlocked Nepal—between the two countries on 7 April 2018, during Prime Minister Oli's state visit to India. Read More Tags: Connectivity, India, Inland waterways, Nepal, LLDC |
 November 2016A notification for moving export and import cargo to and from Nepal through Visakhapatnam (Vizag) Port in Andhra Pradesh, India, was issued by the Nepal Department of Customs. This follows the go-ahead given by the Central Bank of Nepal to issue letters of credit to clients using Vizag Port to bring in trade. Furthermore, the Government of Nepal is considering establishing a consulate in Andhra Pradesh to ensure more efficient utilization of Vizag Port. Read More Tags: Nepal, India, Trade Facilitation, Ports, Imports, Exports, LLDC |
 November 2016The new India-Bhutan Trade, Commerce and Transit Agreement was signed on 12 November 2016 in Thimphu, Bhutan. The bilateral Agreement focuses on promoting trade between the two countries through trade facilitation, improving trade procedures, and adding exit and entry points to facilitate Bhutan's third-country trade. Read More Tags: Bhutan, India, Trade Facilitation, Trade, LLDC |
 April 2016The Intergovernmental Agreement on Dry Ports, developed with support of the United Nations Economic and Social Commission for Asia and the Pacific, entered into force on 23 April 2016, after 8 of the 17 signatory countries, including Bangladesh and India, deposited approvals of Agreement. The Agreement aims to promote international recognition of dry ports, facilitating investment in dry port infrastructure and enhancing their operational efficiency. Read More Tags: Ports, Trade Facilitation, Trade, LLDC, Bangladesh, India |
 March 2016Mr. Wencai Zhang, Vice-President, Asian Development Bank, discussed ways to accelerate Nepal's economic structural transformation with policy makers, scholars, and Government officials in “Envisioning Nepal 2030”, an international seminar jointly organized by the National Planning Commission and ADB. In his address, he discussed how regional cooperation and integration could turn Nepal from a landlocked to a land-connected country. Read More Tags: Nepal, Energy, Airports, Hydropower, LLDC |
 September 2015Bhutan Prime Minister Tshering Tobgay promotedpartnerships as a way to help landlocked developing countries (LLDCs) become land-linked to global opportunities, saying it is possible to ensure a country is not landlocked economically with its neighbors' full trust and confidence. The Prime Minister was attending a high-level forum for landlocked developing countries on the sidelines of the UN General Assembly. Read More Tags: Bhutan, LLDC, Nepal, Energy, India, Trade Facilitation |
 November 2014The Second United Nations Conference on Landlocked Countries on 3-5 November 2014 in Vienna adopted a Programme of Action for Landlocked Developing Countries, which includes trade and trade facilitation as one of its six priorities. It recognizes the importance of implementing the WTO Trade Facilitation Agreement, particularly provisions on technical assistance and capacity-building. Read More Tags: WTO, Trade Facilitation Agreement, LLDC |
