Nepal set to benefit from Visakhapatm port

New Delhi, Feb 20: Nepal is set to benefit from the Visakhapatm port in India with the two sides signing two letters of exchange (LoEs) here on Saturday.
The LoEs were signed following delegation-level talks headed by Prime Minister rendra Modi and his visiting Nepalese counterpart K.P. Sharma Oli. While one LoE will provide for transit facilities for Nepal through the Visakhapatm port, the other will allow for rail transport between Visakhapatm and Nepal. Abhay Gupta, secretary (north) in the ministry of exterl affairs, said in a media briefing here that till now Nepal could not use the Visakhapatm port for third country export and import. “There are some desigted customs points. (IANS)