Kathmandu, Jan. 16 -- Nepal and Bangladesh have agreed to expedite the process of signing a bilateral preferential trade arrangement (PTA), reviving negotiations that have remained stalled for years due to disagreements over tariffs and para-tariffs.

The eighth commerce secretary-level meeting between the two countries, which concluded in Dhaka on Wednesday, decided to convene a meeting of the Trade Negotiation Committee in Nepal within the next three months. The meeting aims to finalise the draft PTA, rules of origin and the list of goods to be covered under the agreement.

According to officials, the two sides also agreed to work closely on harmonising customs procedures, facilitating cross-border payments and addressing broader non-ta...