Beijing to reopen fourth border point with Nepal
Rupesh Tha, Research officer, SAWTEE, presented during a rountable discussion under the theme ‘Nepal-China Trade: Prospects and Challenges’ and said that Nepal’s trade relationship with China has been hit hard by a combination of natural disasters, the most significant one being the 2015 earthquake, and the Covid-19 pandemic.
According to a study conducted by SAWTEE on Nepal-China Trade, between 2020 and 2022, over 90 percent of the value of goods exported to China from Nepal were covered by the zero-duty list for the least developed countries (LDCs), but the utilisation of preferences averaged 68 percent.