Nepal-China trade halted through main border point due to landslides, snowfall
Topics: NEPAL CHINA TRADE BORDER LANDSLIDES SNOW
This is the main border point for bilateral trade between the Himalayan country and its northern neighbour through the land route.
Arjun Bhandari, chief district officer at District Administration Office in Nepal's bordering district Rasuwa, told Xinhua that the bilateral trade was halted since January 18 due to landslides in some bordering Chinese areas as well as thick ice on the road due to continued snowfall.
"We have been notified from the Chinese side that there have been landslides at Jhugutasa, Finging Kanbo, Thalbu and Thumse which are close to the border point," Bhandari, who is in-charge of the Rasuwa district, said.
According to him, around 40 Nepal-bound containers have been stuck on the Chinese side. Nepali traders who import goods from China said the goods covering over 200 containers have been stuck on the Chinese side, including the goods stored at warehouses based in Kerung (Geelong).
"We are worried about possible prolonged halting of bilateral trade through this route because we may not get delivery of winter wears being imported before the winter season is over," said Bachhu Paudel, president of Nepal Trans Himalaya Border Commerce Association, a grouping of Nepali traders involved in Nepal-China trade.
In the last fiscal year 2018-19 that ended in mid-July 2019, the two countries traded goods worth 358 million U.S. dollars (42 billion Nepali rupees). Nepal's total trade with China in the last fiscal year stood at 1.82 billion U.S. dollars, most of it took place through the sea route via India, according to figures from the Nepali side. ■