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

03 May '23

1 min read

Pic: Shutterstock/katjen

Insights

The Zham land port on the China-Nepal border has resumed two-way cargo trade after being closed due to the 2015 earthquake in Nepal.
The resumption is expected to boost foreign trade in Xigaze, China.
The port partially reopened in 2019 for exports to Nepal, and in Q1 2023 more than 17,000 tonnes of goods worth 249 million yuan were exported through it.

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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