China has resumed one-way trade through Nepal-China Hilsa-Purang border port.
According to a press note issued by the Foreign Ministry today, the border port was reopened for the one-way trade on December 26.
"The two-way trade through the border point is also expected to resume soon," the press note reads.
Nepal's trade with the northern neighbour remained badly affected for the past three years after the closure of the border ports including Tatopani, Kerung and Hilsa.
After Covid-19 pandemic, People’s Republic of China begun placing restrictions on the border ports with Nepal hurting the bilateral trade.
Earlier today, Rasuwagadhi-Kerung port between Nepal and the China resumed two-way trade.
The Department of Commerce of the Tibet Autonomous Region of the People’s Republic of China organised an official ceremony in Kerung to mark the reopening of the port. In the last fiscal year, Nepal has not been able to export anything through the northern border points, whereas imports also witnessed very less prompting the Nepali traders, involved in imports from China, to abandon their business.
"The resumption of port is expected to augment bilateral trade between Nepal and China," the press note from the foreign ministry further reads.
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