Nepal-China Chamber Celebrates Historic Milestone: Inaugural Import Marks Major Leap in Global Trade Advancement.

I n a significant occurrence today, the Nepal China Chamber of Commerce and Industry, in collaboration with the Chinese Embassy in Nepal and the Ministry of Industry, Commerce and Supply, gathered to commemorate the successful conclusion of the inaugural import under the Nepal-China Transit Transport Agreement, originally negotiated in 2016. The event, featuring a workshop and inauguration ceremony, symbolized a noteworthy advancement for Nepal's global trade.

Tribhuban dhar Tuladhar, President of the Nepal China Chamber of Commerce and Industry, initiated the proceedings with a welcoming speech. Expressing delight at this historic feat, he emphasized the pioneering nature of importing goods from a third country through China. Tuladhar highlighted this as a crucial moment in Nepal's foreign trade, anticipating that the collaboration would expand, enhancing Nepal's trade efficiency and competitiveness, ultimately benefiting the nation.

Madhu Kumar Marasini, Secretary of the Ministry of Industry, Commerce and Supply, encouraged present businessmen to capitalize on the opportunity presented by the successful importation of goods through China. Stressing the milestone's importance in implementing the bilateral agreement between Nepal and China, he urged Nepalese entrepreneurs to explore opportunities for exporting Nepalese goods to third countries.

The chief guest, His Excellency Chinese Ambassador to Nepal, Chen Song, extended congratulations on the successful importation in accordance with the agreement between the two nations. Under the terms of this agreement, Nepal has been granted permission to use four congested Chinese ports, including Tianjin, Shenzhen, Liangan, and Zanzibar, along with three dry ports in Lhasa, Lanzhou, and Sigatse. Ambassador Song emphasized that this achievement marked a significant stride toward diversifying Nepal's international trade, foreseeing improvements in infrastructure, an expanded road network, reduced transit times for imports and exports, and gradually decreasing costs—a development poised to positively impact Nepal's trade and commerce.

The event's highlight saw Ambassador Chen and Secretary Marasini jointly opening a container, symbolizing the official inauguration of the imported goods. Attendees included Rajesh Kazi Shrestha, outgoing president of Karyaktama Sangh, and various prominent businessmen. As Nepal enters a new era of international trade facilitated by the Nepal-China Transit Transport Agreement, optimism abounds for a more streamlined and prosperous future in the realm of commerce and trade.