Indo-China trade agreement against international norms, says Nepal
The Dollar Business Bureau The Nepal government has objected to the agreement between India and China which seeks to increase bilateral trade through land routes, saying the pact is against the international norms. During Prime Minister Narendra Modi’s visit last month, India and China signed an agreement to enhance trade through land routes covering Lipu-Lekh Pass. “The two sides agreed to hold negotiation on augmenting the list of traded commodities and expand border trade at Nathu La, Qiangla/Lipu-Lekh Pass and Shipki La," said a joint statement issued by the two governments on May 15. The hilly terrain located far west of Nepal connects the Himalayan country with its two neighbours. According to reports, the Nepal government has asked its foreign ministry to ...
