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'New trade routes must to boost bilateral trade'
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KATHMANDU, Feb. 4 -- Minister for Finance Yuba Raj Khatiwada has said that opening of new trade routes with China will help in Nepal's infrastructure development.
Speaking at a meeting with Chinese ambassador to Nepal, Hou Yauqi, at the finance ministry on Sunday, Minister Khatiwada highlighted importance of such routes, including Kora La in Mustang, for enhancing Nepal's connectivity.
Kora La trade route is one of the shortest in Nepal to connect India and China. The opening of cross-border road networks is expected to boost Nepal's trade and bring more tourists from China.
China has already readied necessary infrastructure on its side. But nothing concrete has been done on the Nepali side.
The Kodari trade route, which was closed af...
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