Nepal imports first batch of turmeric powder under transit arrangement with China

Published 2023년 9월 8일

Tridge summary

Nepal has celebrated the shipment of its first batch of imported goods from China, marking a "new era" in bilateral trade relations. The shipment, which included 15 tons of turmeric powder from Vietnam, was brought to Kathmandu via the Tianjin port and the Zhangmu-Tatopani border point. The transit arrangement provides Nepal with an alternative trade route, reducing its reliance on India for trading with third countries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Nepal has shipped its first batch of imported goods under the transit arrangement with China, a move that "represents the dawn of a new era" in bilateral trade relations, as a Nepali official put it on Thursday. Fifteen tons of turmeric powder was imported from Vietnam and brought to the Nepali capital of Kathmandu on the day via the Tianjin port in northern China and the Zhangmu-Tatopani border point. "The commencement of the first batch of goods under the Nepal-China Transit Transport Agreement represents the dawn of a new era in our trade relations," said Madhu Kumar Marasini, secretary of Nepal's ministry of industry, commerce and supplies. "It signifies the beginning of a transformative journey toward enhanced economic cooperation, increased trade volumes and shared prosperity," the secretary said at the commencement ceremony. He spoke highly of the transit transport agreement signed in 2016 and the subsequent protocol signed in 2019, saying they have "the potential to bring ...
Source: China

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