With a decision to reduce clearance tariff by the Chinese Custom Agents, Nepalese importer agreed to resume exports of Chinese products from Monday. Nepali importers stopped the import of Chinese products following abrupt increase in costume clearance tariff by Chinese Custom Agents two weeks ago.

According to Naya Patrika Daily, Chinese agents had raised clearance tariff three times from 1500 RMB to 5000 RMB per container. “Following the agreement, the import of products will resume on Monday,” said Kedar Paneru, chief custom officer Rasuwa Custom office.

After intense discussions, Chinese Custom Agents agree to increase now 1500 RMB only.

Following disputes, four hundred Nepalese containers headed to Nepal border stopped in Kerung in Tibet. “Nepalese traders have been importing apple, electric appliances, ready-made garments and footwear.” All loaded Nepalese containers will reach Nepal by coming Thursday,” said Paneru.

Importer Navaraj Timilsina said the price will further decline. Importers are lobbying for 2000 RMB for per containers. Nepal has imported Rs.15 billion equivalent products through Rashuwagadhi last year with 2.95 billion revenue collection.

After closure of Tatopani border, this is the only running border custom between Nepal and China which carries over 80 percent of Nepal’s export and import.