1. Nepal-China trade disrupted as floods damage key border route

Nepal-China trade disrupted as floods damage key border route

World

  • Floods damaged the Rasuwagadhi border route, one of Nepal’s main gateways for trade with China.
  • Trucks carrying clothes, electronics, footwear, food and other Chinese goods are now delayed.
  • Traders are shifting cargo to longer routes, increasing transport costs and delivery times.
  • The disruption may cause shortages and higher prices ahead of Nepal’s major festivals.

Source: telanganatoday.com

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