Business News
Home > Business News
Nepal extends ban on import of 10 types of goods to save forex
TIWN
TIWN

PHOTO : TIWN
Kathmandu, Jul 18 (TIWN): The Nepali government is extending a complete ban on the import of 10 types of products till the end of August, as the country still struggles against a dwindling foreign exchange reserve.
As per the notice published in Nepal Gazette on Sunday, mobile phones priced over 300 US dollars and motorcycles with an engine capacity of over 150 cc shall be barred entry till August 30, along with liquor, tobacco products, diamond, color TV sets larger than 32 inches, jeeps, cars and vans, dolls, playing cards and snacks. The ban, first imposed in late April, should have run till mid-July, when the current fiscal year ended, xinhua news agency reported.
Add your Comment
Comments (0)
More Business News
- Mexico’s 50% Tariff Rise to hit $1 Billion India Car Exports
- Indian Railways Deploys AI Enabled Intrusion Detection System to Prevent Elephant Collisions in 141 RKms on NF Railway
- Gautam Adani meets Andhra Pradesh CM Chandrababu Naidu in Amaravati
- Indian Rupee Plummets to Record Low Past 90 per US Dollar
- Trump Administration Removes Tariffs on Over 200 Food Items Including Beef


