Indo-China trade through Lipulekh worth Rs 4.36 cr

A total of Rs 4.36 crore worth trade was solemnised with China through Lipulekh pass this year, an official informed today.
The Indo-China border trade, which runs between June 1 to October 31 every year, facilitates the tribal community traders to import Tibetan wool and other materials which are essential parts of their traditional crafts which form their traditional economy.
All the Indian tradersgone to trade inChina on barter basis have reachedIndian territory fromTibetan martat Taklakot today.
"According to initial data, the total border trade with China from Lipulekh pass, Uttarakhand, this year was at Rs 4,36,54,187, out of which Indian traders exported goods worth Rs 1,60,42,132 and imported goods worth Rs 2,76,12,055 from Tibet," Said PS Kutiyal, trade officer at Gunji, the Indian mart of the trade.

According to Kutiyal, over 190 persons, including 77 traders have gone to Tibet for trade this year.
The Indian traders have said that due to dull initial responses from Tibetan clients, the trade could not pick up in the beginning but later on the situation improved in October.