Nepal's Transit through India: An Assessment

There are a large number of inadequacies in the prevailing India—Nepal transit treaty. Issues with regard to documentation requirements, trans-shipment procedures, sensitive items, arbitrary bank guarantees, and poor infrastructure have resulted in considerably high transaction costs for transit car...

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Bibliographic Details
Published inEconomic and political weekly Vol. 50; no. 45; pp. 18 - 21
Main Authors TANEJA, NISHA, BIMAL, SAMRIDHI, DAYAL, ISHA
Format Journal Article Magazine Article
LanguageEnglish
Published Mumbai Sameeksha Trust 07.11.2015
Athena Information Solutions Pvt. Ltd
Subjects
COMMENTARY
Guarantees
International trade
Ports
Shipping industry
Tariffs
Treaties
Nepal
India
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Summary:There are a large number of inadequacies in the prevailing India—Nepal transit treaty. Issues with regard to documentation requirements, trans-shipment procedures, sensitive items, arbitrary bank guarantees, and poor infrastructure have resulted in considerably high transaction costs for transit cargo. Although the value of the total transit trade through India has been increasing, its share in Nepal's total trade with the world has seen a decline during 2009-13.
Bibliography:content type line 24
ObjectType-News-1
SourceType-Magazines-1
ISSN:0012-9976
2349-8846