News Updates

25th July - 1st August
  • Process of reviewing Nepal-India trade treaty comprehensively begin
    Nepal and India have initiated the process for comprehensive review of the Nepal-India Trade Treaty, which was last revised in October of 2009.The government has formed a committee led by Joint Secretary at the Ministry of Industry, Commerce and Supplies Ravi Shanker Sainju, comprising Joint Secretary at the Ministry of Foreign Affairs Bhrigu Dhungana and representatives from the Ministry of Finance, Ministry of Law, Justice and Parliamentary Affairs for the talks with the Indian government for a comprehensive review of bilateral trade treaty.
    The committee, led by Sainju, will start first round of discussions in New Delhi on August 9 and 10.
    The Nepali delegation led by Sainju will talk with the team led by his counterpart Bhupinder Singh Bhalla on the new provisions to balance trade between the two countries, as well as remove provisions that are not contextual in the current scenario. The bilateral trade treaty, which was reviewed in October 2016, was renewed for seven years without any changes. (Himalayan. 1.8.2018)
15th July - 24th July
  • Hundreds Join Hunger Strike In Nepal For Fasting Doctor
    Hundreds of people today held protest rallies in Nepal and began a mass relay hunger strike to protest the government's crackdown on the supporters of a prominent doctor and activist who has been fasting for nearly a month, demanding reforms in the country's medical sector.
    Dr Govinda KC, 61, a noted orthopedic surgeon and professor, has been fasting since June 30, demanding better health care services to the people of all economic backgrounds and restrictions on mushrooming private medical colleges in the country. Dozens of protesters were injured in clashes with police at a demonstration outside the country's parliament in support of the hunger-striking doctor. Police fired multiple rounds of teargas shells and resorted to baton charge after the protestors raising anti-government slogans tried to enter the restricted area near the Parliament building at Nayabeneshwor. (NDTV:22.7.2018)
10th July - 13th July
  • Nepal, India to expedite Raxaul-Kathmandu rail project. (Times of India Jul 11, 2018)
  • Monsoon floods kill more than 50 across Nepal. (Aljazeera: 12.7.2018)
3rd July- 10 July
  • Nepal clamps on India’s small project grants
    The Cabinet has tightened norms for inflow of Indian grants to Small Development Projects (SDPs) in Nepal.
  • Projects will not start unless India signs financing agreements with Nepal’s Finance Ministry. The second caveat says ‘India must route the grant through the central government account’.
  • India disburses grants up to Rs50 million for each SDP. The Cabinet decision aims greater scrutiny and paper trail of Indian grants to small projects in Nepal.
  • This decision abrogates the power of the Indian Embassy in Kathmandu to fund projects anywhere in Nepal at its own volition. (Khatmandu Post, 9 July, 2018)