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VOL 23 NO 55 REGD NO DA 1589 | Dhaka, Tuesday, January 5 2016
Posted : 05 Jan, 2016 11:41:34 AA-A+
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


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