Textile

China-Nepal border land port resumes two-way trade after 8 years

03 May '23
1 min read
Pic: Shutterstock/katjen
Pic: Shutterstock/katjen

Insights

Zham, a land port on the China-Nepal border, has resumed two-way cargo trade after being forced to stop service due to the major earthquake that struck Nepal in 2015. Three lorries carrying goods worth more than 100,000 yuan (around $14,442) arrived at the port from Nepal, marking the resumption of the two-way trade of the land port in Xigaze, which is situated in southwest China’s Tibet Autonomous Region.

In 2015, the earthquake destroyed roads, bridges, and facilities at the port, forcing it to shut down. However, in 2019, it partially reopened to allow exports to Nepal. During the initial three-month period of this year, exports valued at 249 million yuan and weighing over 17,000 tonnes, were transported via the port.

Chinese media reports quote Peng Yihao, deputy party chief of Xigaze, as saying that the port's reopening for two-way cargo trade is expected to enhance foreign trade in Xigaze and bring benefits to Tibet by elevating its level of openness.

Fibre2Fashion News Desk (NB)

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