Bilateral Trade Between India and China Resumes Through Nathu La Border

The bilateral trade between India and China through Nathu La border has resumed. The announcement in this regard was made by the General Secretary of the Indo-China Border Traders’ Welfare Association, Tenzing Tsepel.

Trade between India and China through Nathu La border, located at a height of 14,200 feet, resumed in 2006, 44 years after it was closed. As per the agreement, both countries agreed the list of items to 36 as export items and 20 as import items.

Source- AIR World Service

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • China Capital- Beijing, Currency- Renminbi, President- Xi Jinping.