Economy > Trade

Trade recovers after port reopened between Tibet and Nepal

LHASA
2016-01-04 20:42

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Trade has been recovering since a major China-Nepal border crossing at Jilung reopened in October, local customs said.

A total of 5,965 tons of cargo, with a value of 260 million yuan, was exported to Nepal from Nov. 10 to Dec. 10, through Jilung, one of the two major ports linking Tibet and its largest trading partner Nepal.

Jilung, or Kerung in Nepalese, was closed for about six months after an 8.1-magnitude earthquake in Nepal. Now, an average of 100 trucks pass through the port every day, said Pu Zhengjiang, deputy inspector of Jilung port, about 130 km from Nepalese capital Kathmandu.

Due to the earthquake, foreign trade volume in southwest China's Tibet Autonomous Region dropped by 35.1 percent year on year to 3.34 billion yuan (about 545 million U.S. dollars) in the first half of 2015.

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