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Chinese concessions fail to reduce Nepal’s trade deficit

Beijing [China], February 19 (ANI): China’s offer of duty-free quota access to Nepal is not helping Kathmandu’s economy, said a media report on Saturday.
According to Tibet Press, in 2017-18 alone, Nepal’s imports from China stood above USD 1.5 billion, while its own exports to the country stood around USD 23 million. The situation has remained so despite China providing duty-free access to Nepal since 2009.
“Nepal hasn’t