Sunday, 1st March 2015

Expert panel to head to India to 'further study' PTA

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The government is sending a team of experts to India on Wednesday to study aspects of the proposed Power Trade Agreement (PTA) supposed to be signed with the government of India. The team will conduct research and look further into the proposed agreement, the government said.

According to Minister for General Administration Lalu Babu Pandit, a meeting of the Council of Ministers decided to form an expert panel to find out more about the proposed agreement, which Nepal and India are expected to sign soon.

The cabinet also authorised the team to hold dialogue and negotiate with its Indian counterpart to find common ground about points of disagreement in the PTA draft.

The delegation, led by Energy Secretary Rajendra Kishor Khatri, includes Finance Secretary Suman Sharma and Energy (Ministry) Joint Secretary Keshavdwaj Adhikari, among others.

Nepal and India were to ink the pact during India Prime Minister Narendra Modi's two-day state visit on August 3. But the plans had to be delayed owing to protests by various political parties and also because of lack of adequate preparations.