nepal as a transit point between china and india_2

8/7/2019 Nepal as a transit point between China and India_2

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Transit state entails a country whose functional transaction crosses

the frontiers of two countries. The development of a transit state

implies the conveyance of people or goods from one country to

another, especially on a local public transportation system.

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Yam between two stone

Similar cultures

Anglo Nepal War

Sino Nepal War

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Particulars Nepal India China

Growth rate 2.3% 9.7% 10.3%

GDP 12 billion 1.43 trillion 39.8 trillion

Per capita income $260 $1176 $4412

Economy 115th largest 11th largest 2nd largest

Inflation 10.50% 8.43% 4.6%

Population 28million 1.17 billion 1.33 billion

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Transit RoadCorridors Total

length

Mohana-Dhangadi-Atari-Baitadi-Darchula-Tinker 415

Nepalgunj-Surkhet-Jumla-Hilsa-Yari-Purang 581

Bhairahawa-Pokhara-Jomsom-Lizhi 467

Birgunj-Galchi-Rasua-Syafrubesi 340

Birgunj-Naubise-Kathmandu-Tatopani-Nyalam 393

Janakpur-Dolakha-Lamabagar-China border 295

Rani-Itahari-Hile-Kimathanka-China border 419

Kechana-Taplejung-Olangchungola 640

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trade integration

tourism promotion

foreign direct investment

long term economic cooperation and peace

increase and support business

creation of new market

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economic growth

employment opportunities

poverty allevation and sustainable development

utilization of resources

adoption of technology and Knowledge

expedite industrialization

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The need for transit agreement with China

The mindset of assuming Tibet as the only market on the north

side should be changed.

Homework on technical, legal and managerial aspects.

Infrastructures related to road, airport and terminal need to be

improved for effective transit facilities.

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FNCCI, has to hold a trilateral discussion regularly among

businessmen and traders of the three countries.

Infrastructure developments have to be accompanied in tune

with regional and global integration processes envisioned in

SAFTA, and WTO.

Reducing the costs of transactions is a critical precondition to

make trade an engine of economic growth and poverty

alleviation.

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Administrative hassles and time consuming handling of customs

often delay in the shipment of goods.

Illegal trade and black market may fosters.

Terrorism and insecurity threats.

Tibet is sparsely populated and the great distances between

Nepal and Chinas industrial heartland cities make trade highly

costly.

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Both the neighbors have shown keen interest in developing trade, investments

and other cooperation through Nepals territory.

Could be a milestone for the access to Central Asia, an area with a huge

storage of gas and petroleum.

Development of landlocked Nepal as a transit country between India and

China holds tremendous potential for Nepals economic prosperity.

Nepal needs to integrate faster to the global economy and hitch a ride on

the fast growing economy of China and India.

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Various articles from The Himalayan Times, The Kathmandu Post

and Republica.

www.google.com

www.allbusiness.com

www.wikipedia.com

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Any Queries?

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Group BSarala Bhatta

Kehsab Acharya

Banira Dhakal

SureshG

himereJeewan Bhandari

Roshan Poudyal

Samudra Paudel

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nepal as a transit point between china and india_2

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