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Major trade route between Nepal-China reopens after nearly three years
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  • Major trade route between Nepal-China reopens after nearly three years

Major trade route between Nepal-China reopens after nearly three years

Press Trust of India • December 29, 2022, 10:03:11 IST
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A ceremony marking the official resumption of the trade from the Kerung-Rasuwagadhi border port was held on Wednesday, although the export of goods to China had resumed from Tuesday, The Kathmandu Post newspaper said

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Major trade route between Nepal-China reopens after nearly three years

Kathmandu: Two-way trade from one of the key border transit routes between Nepal and China resumed formally on Wednesday after being closed for almost three years due to the Covid-19 pandemic, officials said. A ceremony marking the official resumption of the trade from the Kerung-Rasuwagadhi border port was held on Wednesday, although the export of goods to China had resumed from Tuesday, The Kathmandu Post newspaper said, quoting Lhasa-based Consulate General Nawaraj Dhakal. The port came into formal operation in 1961. The Chinese Embassy in Nepal released pictures of the ceremony and said in a statement that China looks forward to importing more goods from Nepal.

The two-way trade through the Kerung/Rasuwagadhi border port has been resumed today. After a ceremony, 6 cargo trucks full of Nepali goods passed through the port into China. Looking forward to more Nepal’s export to China! pic.twitter.com/8upb38D3ta

— Spokesperson Of Chinese Embassy In Nepal (@PRCSpoxNepal) December 28, 2022

The statement said that six cargo trucks full of Nepali goods passed through the port into China. The ceremony was attended by delegates of the Department of Commerce of Xizang Autonomous Region, the Lhasa Customs, the General Station of Immigration Inspection of Xizang Autonomous Region, the Health Commission of Xizang Autonomous Region, and other relevant departments, the report said. According to Head of Rasuwa Customs, Narayan Prasad Bhandari, goods worth Rs 5 million were exported on Tuesday, the report said. In 2021, when the pandemic was at its peak in Nepal, Xizang Autonomous Region provided a large number of medical supplies to the Himalayan country through the port. Although the port had been closed due to the Covid-19 pandemic, a one-way freight clearance at the Kerung port was reopened in April 2020 at Nepal’s request, the report said. An estimated 150 businesses were exporting their products through the Kerung-Rasuwagadhi port. Nepal imports ready-made clothes, footwear, apples, motor batteries, plastic products, and more from China through the port. It exports pashmina, carpets, noodles, wheat, vanaspati ghee, chocolates, and more to China. Read all the Latest News , Trending News ,  Cricket News , Bollywood News , India News and Entertainment News here. Follow us on Facebook, Twitter and Instagram.

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