The Lands and Ports Authority of India (LPAI) will shortly launch product testing services at the land ports to keep an eye on the quality of imported goods, particularly consumables.
The Asian Development Bank (ADB) has approved a USD 300 million loan to improve transport connectivity of the Kakarbhitta-Laukahi road in Nepal to international trade routes, particularly to India and Bangladesh.
The Nepal Foreign Ministry said the resumption of the ports is expected to augment bilateral trade between Nepal and China. The Chinese Embassy in Kathmandu stated that China was looking forward to importing more goods from Nepal.
India's intensified interest in Chabahar has the potential to partly counter China's massive Belt and Road Initiative (BRI) infrastructure project, reported Asian Lite International.
New Delhi [India], December 10 (ANI/NewsVoir): RBI has announced a hike in Repo rates for the fifth consecutive time. The difference this time accounts for 35 bps, leading the interest rate from 5.90 to 6.25. RBI has been announcing minimum possible increases in repo rate for the last few mo
The closure of the Rasuwagadhi-Kerung border point has pushed the local traders in Nepal to the edge of bankruptcy as the border is one of the key trade routes between Nepal and China and has been closed for more than thirty-four months now. Earlier the border was completely closed for more
CPEC is a part of China's most ambitious project Belt and Road Initiative (BRI), aimed at renewing the country's ancient trade routes in the coastal countries of south-east Asia.
New Delhi [India], September 5 (ANI/Mediawire): Iconic monuments, a heritage trade route that once fuelled the world's economic corridors, and a country that gave the world jugaad - the most important lesson on entrepreneurship. That perhaps may not be the perfect summary to introduce India,
Islamabad [Pakistan], October 17 (ANI): Pakistan has opened its air trade route for the first time to commercial cargo destined to landlocked Afghanistan, reported Voice of America (VOA).
Srinagar (Jammu and Kashmir) [India], October 3 (ANI): The National Investigation Agency (NIA) on Sunday conducted searches at nine places in Jammu and Kashmir in its ongoing probe in connection with a large scale transfer of funds from Pakistan to India through the import of California A