Kathmandu: India’s sugar export ban creates stir in Nepal, increasing crisis for Balen Shah government
Kathmandu: After the change of power in Nepal Balen Shah Many important decisions related to India have been taken by the government led by. After imposing additional duty on goods coming from India and imposing new rules on Indian vehicles, now a decision of India has created a big stir in Nepal.
The Indian government has banned the export of white and refined sugar till September 30 to control sugar prices in the domestic market. This decision of India is expected to have the biggest impact on Nepal, because Nepal is largely dependent on India for sugar supply.
The demand for sugar increases significantly in Nepal especially during festivals and celebrations. In such a situation, there is a fear of shortage of sugar in Nepal and huge increase in prices due to stoppage of supply from India.
The Nepal government had recently decided to impose additional duty on goods imported from India. Apart from this, it has also been made mandatory for vehicles going from India to Nepal to show identity card and do temporary registration through QR code. Due to this complex process, trade in the border areas is said to be affected.
Along with this, the anti-India role of Nepal government has also been in discussion regarding Lipulekh border dispute. After these decisions, there is continuous discussion in political and business circles regarding the relations between the two countries.
Now, after India banned sugar export, the Nepal government has started preparing alternative arrangements. It is being told that Nepal is also considering options to import sugar from other countries so that there is no crisis situation in the domestic market.
After this entire incident, concern has increased among businessmen and common people in Nepal. The situation regarding availability and prices of sugar may become more serious in the coming days.
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