Kathmandu: Ten months after signing the Protocol on Implementing the Agreement on Transit and Transportation between Nepal and China, Beijing has officially notified Kathmandu that it has completed all domestic legal procedures which means that it would come into effect from February 1, it was reported.
Nepal and China signed the transit protocol in Beijing on April 29, 2019 during the visit of President Bidya Devi Bhandari, The Kathmandu Post said in a report on Wednesday.
The transit protocol allows Nepal access to seven Chinese sea and land ports for third-country trade. So far, all of Nepal’s third-country trade takes place via India.
After completing all domestic procedures, Nepal, on August 9, had notified China and had been waiting for a notification from Beijing. Informed officials said on Wednesday that China notified the Nepali Embassy in Beijing on December 25. The embassy then forwarded the notification to Kathmandu and acknowledged the same to the Chinese Foreign Ministry on Tuesday, said officials (IANS)