Thursday, June 29 2017
rss linkedin googleplus twitter facebook
VOL 23 NO 55 REGD NO DA 1589 | Dhaka, Tuesday, January 5 2016
Posted : 05 Jan, 2016 11:41:34 AA-A+
printer
China-Nepal trade thru’ Tibet border picks up
China-Nepal trade thru’ Tibet border picks up


BEIJING: China's trade with Nepal has picked up since the border crossing point in Tibet opened in October to rush petroleum products and other essential items following the Madhesi protests in southern plains over the Constitution, the state media reported.



A total of 5,965 tonnes of cargo valued at $43.5 million was exported to Nepal between November 10 and December 10, through Jilung, one of the two major ports linking Tibet and its largest trading partner Nepal.



Jilung, or Kerung in Nepalese, was closed for about six months after an 8.1-magnitude earthquake in Nepal.



Due to the earthquake, foreign trade volume in southwest China's Tibet Autonomous Region dropped by 35.1 per cent year on year to USD 545 million in the first half of 2015

Now, an average of 100 trucks pass through the port every day, Pu Zhengjiang, deputy inspector of Jilung port, about 130 km from Nepalese capital Kathmandu, was quoted as saying by the state-run Xinhua news agency.



The trade point was opened to rush petroleum products and other essentials which became scarce due to blockade imposed by Madhesis demanding changes in the new Constitution adopted by the Constituent Assembly on September 20. -Asfar







 

MORE FROM THIS SECTION
Copyright ©2017
International Publications Limited.
All rights reserved
Editor : A.H.M Moazzem Hossain,
Published by the Editor for International Publications Limited from Tropicana Tower (4th floor), 45, Topkhana Road, GPO Box : 2526 Dhaka- 1000 and printed by him from City Publishing House Ltd., 1 RK MissionRoad, Dhaka-1000.

Telephone : PABX : 9553550 (Hunting), 9513814, 7172017 and 7172012 Fax : 880-2-9567049.
E-mail: editor@thefinancialexpress-bd.com, fexpress68@gmail.com
Copyright http://print.thefinancialexpress-bd.com © 2017   Developed By : orangebd.com
Google+

China-Nepal trade thru’ Tibet border picks up | 24 News | The financial express