The 14th edition of the annual Sino-Indian border trade opened at Nathu La in Sikkim.
The bilateral border trade between the two countries is organized four days a week for six months, between May 1 and November 30, every
Sealed by India after the 1962 Sino-Indian War, it was resumed in 2006 after a gap of 44 years.
A total of 36 items, on India’s export list comprising dairy products to utensils, while a total of 20 items, including carpets, quilts and
jackets among others, are in the country’s import list from the Tibet Autonomous Region (TAR).
Last year, the export of goods from India stood at Rs 45.03 crore, while items worth Rs 3.23 crore were imported from the TAR.
About Nathu La:
The pass, at 4,310 m above mean sea level, forms a part of an offshoot of the ancient Silk Road.
The vegetation graduates from sub-tropical forest at its base, to a temperate region, to a wet and dry alpine climate, and finally to cold tundra desert devoid of vegetation.
The three open trading border posts between India and China are-
Nathu La in Sikkim
Shipkila in Himachal Pradesh
Lipulekh in Uttarakhand
To read this current affair fully, click the below link to download or subscribe our youtube channel to get daily current affairs