New Delhi, September 25. Nepal will provide Tibet transit facilities to enable Tibet to promote its trade with India, reports news agency UNI. AII agreement to this effect was signed in Kathmandu, capital of Nepal, on Saturday[24th September] by visiting vice-chairman of people's government of Tibet Autonomous Region Thondrup Dun Thu and Nepali Congress Secretary Durga Prakash Pandey. The agreement also provided for the promotion of Nepal's trade to Tibet which would help Nepal reduce its huge trade imbalances, currently standing at 23m dollars, with Chinese region. (EuroTibet News N·3)