India-China border trade resumes after six years
NEW DELHI: Cross-border trade between India and China via the Nathu La pass in Sikkim has recommenced ending a suspension that lasted over six years. This development is perceived as a favourable indicator of improving bilateral relations between the two nations.
On the day of resumption, officials from both countries convened in the No Man’s Land area with the Chinese delegation including the Administrative head from the Tibet Autonomous Region and representatives from various commerce and border trade departments.
The history of this border trade began in 2006 following a prolonged closure that resulted from the 1962 India-China conflict, and continued until its halt in 2020 prompted by the Covid-19 pandemic. The trade is set to operate from Monday to Thursday with activities commencing at 7:30 am (IST).
Traders are permitted to conduct transactions valued up to Rs 2 lakh daily. Authorities have stated that the previously approved items for import and export along with the standard operating procedures will remain consistent and unchanged.
This revival of trade represents a significant step in fostering economic engagement and rebuilding connections between India and China.