Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Nepal urges China to open more passes, entry points

by | May 25, 2021

Nepal's Prime Minister Sushil Koirala (Photo Credit Livemint)

Nepal’s Prime Minister Sushil Koirala (Photo Credit Livemint)

Kathmandu:(IANS) At a time when bilateral ties between Nepal and India have reached an all time low, the Himalayan nation has reached out to its northern neighbour China to trade in gasoline and for opening up more entry points and passes.

Nepal has already begun importing petrol from China provided by a grant, as the first consignment has already reached Kathmandu.

Of the total 1.3 million litres of fuel pledged by China, as much as 102,000 litres  has arrived in Kathmandu, according to the Nepal Oil Corporation.

After fuel supplies to Nepal from India dwindled heavily for last one month, the government initiated process to import fuel from China.

To do more trade with China, Nepal needs to open up more trading points and passes as incumbent two passes – Tatopani and Rasuwagadhi – were severely damaged by the April 25 earthquake and its aftershocks.

During a customs officials meeting here on Wednesday, Nepalese side had requested to open up seven new trading routes with China — Mustang, Larke in Gorkha, Kimathanka in Sankhuwasabha, Lamabagar in Dolakha, Yari in Humla, Mugu, and Olangchungola in Taplejung districts.

“Let’s bring these trading points in operation within 12 months by upgrading the present status of the infrastructure in the border,” said Damodar Regmi, deputy director general at the Department of Customs, who is leading the Nepali team at the annual border customs meeting.

Nepal is facing trade hiccups with China after two major trading routes – Tatopani-Khasa and Rasuwagadhi – Kerung were damaged by the quake.

“The current Indian embargo and disruption of two main trade routes in the north by the earthquake suggest that we need more routes that operate all year round,” said Regmi.

During the last sixth meeting of the Nepal China Tibet Trade Facilitation Committee in August, the two neighbours had agreed to develop infrastructure at six existing points and to initiate study for building three “business roads” from Chekampar and Larke in Gorkha, Lamabagar and Mugu to connect Tibet.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Recent Posts

Top Hamas leader Ismail Haniyeh killed in Israeli strike in TehranTop Hamas leader Ismail Haniyeh and one of his bodyguards were killed in an attack in Tehran on Wednesday. According to a statement by Hamas, an “Israeli strike” targeted the Palestinian official, who...

List of richest countries in the world in 2024

List of richest countries in the world in 2024

India, which ranks fifth in the list of countries by Gross Domestic Product (GDP), lags far behind in the list of the world’s richest nations based on GDP per capita in 2024. Luxembourg leads this list. According to data from the International Monetary Fund (IMF),...

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *