Kathmandu, January 12
The Ministry of Agriculture and Livestock Development says it is signing an agreement with the Indian government to ensure it will import 150,000 metric tons of fertiliser every year from the southern neighbour.
The ministry says, with the government-to-government (G2G) agreement, the country will find some relief as Nepali farmers face a fertiliser shortage every cultivation season.
An official in the ministry says the agreement will be valid for the next five years. In the fifth year, Nepal will import 200,000 metric tons.
The agreement will mention that Nepal has to import at least 30 per cent of the country’s fertiliser demand from India every year.
“The agreement will be signed by the end of January,” the official says, “Preparations have reached the final stage.”
Meanwhile, a study made by the Investment Board Nepal says opening a chemical fertiliser plant without generating natural gas is impossible in Nepal.