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ECONOMY

Phulbari-Banglabandh checkpoint resumes operation

JHAPA, Aug 10: The Phulbari-Banglabandh checkpoint, a trilateral trade route of Nepal, India and Bangladesh, has resumed operation as the political crisis in Banglkadesh normalized. With this, imports and exports between Nepal and Bangladesh have also resumed.
By Republica

JHAPA, Aug 10: The Phulbari-Banglabandh checkpoint, a trilateral trade route of Nepal, India and Bangladesh, has resumed operation as the political crisis in Banglkadesh normalized. With this, imports and exports between Nepal and Bangladesh have also resumed. 


Chief of Nepal Transit and Warehousing Company Limited Office, Kakarvitta, Subas Pandey, said containers stationed at Kakarvitta have headed towards Bangladesh and consignment at the border of Bangladesh have left for Nepal. 


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"With the formation of an interim government in Bangladesh, imports and exports with Bangladesh have eased since August 7," Pandey said. 


Nepal exported goods worth Rs 463.18 million to Bangladesh while the country imported goods worth Rs 3.83 billion from the neighboring country in the fiscal year 2023/24, according to the office.

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