Decision will not affect Vizag port’s business expectations: officials
The decision of China to allow access to four ports on its territory to landlocked Nepal to handle its cargo will not impact Visakhapatnam Port’s expectations to make a good business after it was declared as the second gateway port after Kolkata.
Officials and stevedores feel that as China lacked road and customs infrastructure to ferry import cargo to Nepal the latest initiative by Nepal to reduce dependence on India will not yield the desired results.
Though there is discussion over ifs and buts over the Nepal’s move, several stakeholders say Nepal’s dependence on Kolkata and Visakhapatnam Ports to receive its imported cargo will continue. Sources told The Hindu that Nepal had already requested the Government of India to allow either Deendayal (Kandla) or Mundra in the West Coast as the third gateway port.
Read more on The Hindu.
