Indian Traders Export Goods Worth INR 3.75 Crore at Nathula Border

Published on : December 03, 2018 Topic : Bilateral Trade
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Indian traders have exported commodities worth INR 3.75 crore during the 13th edition of bilateral trade between India and China at Nathula border in Sikkim this year, an official said on Friday.

A press release of the Information and Public Relations Department (IPR), Sikkim government said that the Indian traders exported goods worth INR 3.75 crore against import of goods worth INR 27.69 crore from their counterparts of China’s Tibetan Autonomous Region (TAR) during seven months of trading window this year at Nathula border.

A function was held at Nathula border on Thursday to mark closure of this year’s trading season at the international border. This event was attended among others by the Commerce and Industries Department officials and other line departments of the Centre and State government.

According to press release, the Nathula border trade registered a growth of nearly 15% this year against last year’s trade volume of INR 3.54 crore. Bilateral trade between India and China through Nathula route was suspended for over two months due to standoff between the two countries over Doklam issue, it added.

There are 36 items on export list from India comprising dairy products to utensils, while a total of 20 commodities including quits and jackets, figure an import list from TAR, it said.

Sachin Bharadwaj, Editor, Export Genius
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