More Chinese traders come in Nathula
Gangtok: The trade between India and China has started on Thursday with more Chinese traders coming to the trade marts of Sikkim that their Indian counterparts, customs
"A total of 49 traders from Tibet came to the trade
mart at Serathang in 11 vehicles and 11 Indian traders crossed
over to Renquinngang in China in 5 vehicles. Though the fifth
season officially opened on May 3, the trade took off today
for bad weather," SP Customs PT Bhutia told a news agency.
He said Chinese traders were not allowed to bring
imports as they brought goods which do not figure in the list
of items to be traded through Nathula between the two
"They had to leave the items behind and come to Sikkim
to buy Indian goods. They were handed over the unlisted items
during their journey back home," Bhutia said.
The trade will continue till the end of November when
the pass at 14,420 ft closes for winter.
Under the bilateral agreement between India and China,
there are 29 exportable items which Sikkim traders can export
to Tibet and can import 15 items, officials said.
On the other hand, exports from India reached Rs 2.54
lakh today, officials said.
Customs officials said the trading this season would
be low due to the bad condition of road to Nathula.
More from India
More from World
More from Sports
More from Entertaiment
- DNA: Beaten by mob in Kolkata, US NRI vows never to return in India
- When will democracy get freedom from dynasty politics?
- Delhi: Taxi driver dies as BMW rams into car near IIT
- DNA: Has bad time started for American 'media' after Donald Trump became US President?
- DNA: Analyzing the role of Netaji Subhash Chandra Bose in Indian Independence
- WATCH: Epic Staredown between Goldberg, The Undertaker and Brock Lesnar at WWE Raw
- Jallikattu stir: As it happened on Monday
- Naresh Agrawal breaks silence on leaving Akhilesh Yadav-led Samajwadi Party and joining BJP
- International Space Station – When, where and how to spot ISS
- Reliance Jio impact: Bharti Airtel Q3 net profit dips 54% to Rs 503.7 crore