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High shipping cost disrupts Nepal’s foreign trade

december 22, 2021by Reacties uitgeschakeld voor High shipping cost disrupts Nepal’s foreign trade

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KATHMANDU, Nepal – The Covid-19 outbreak has caused enormous supply chain disruptions worldwide, driving up transportation prices to new highs.

International freight charges have increased by three to five times, according to domestic traders, driving up the cost of imports. At the same time, the cost of carrying outbound cargo has increased by about eightfold.

The Nepal Foreign Trade Association president,

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