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‘Process for importing fuel from China quickening'

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KATHMANDU, Dec 3: The government has said a rapid process was put in place for commercial import of fuel from China.

The Ministry of Commerce and Supplies was in touch with the Chinese side for the fuel supply into the country, the government said.The Ministry has already sent a letter to China through the Ministry the Ministry of Foreign Affairs informing its decision regarding the tax exemption on fuel import.

Minister for Commerce and Supplies Ganeshman Pun last month had an unofficial visit to the northern neighbour. During his meeting with the Chinese officials, China assured of providing fuel to Nepal through commercial channels.

Earlier, a two-member delegation of the Nepal Oil Corporation also visited China to discuss about the technical matters and other issues for a trade on fuel supply.

NOC Deputy Executive Director Sushil Baral has already returned home and informed the government about the progress on the fuel supply process to the government.

Talking briefly to the National News Agency (RSS), Minister Pun said Nepal will import fuel from China in a commercial way along with tax exemption. Some matters had already been finalised and some left to deal with, he said.

The country has been hit hard by a severe fuel crisis resulted from the prolonged obstructions of goods supply on Nepal-India border, and the Tarai-Madhes agitation. The Government of China earlier provided 1.3 million litres of petrol to Nepal as its goodwill gesture to the close neighbour.

Ministry's Under Secretary Shiva Prasad Tripathi said all processes necessary for importing fuel from and the signing of a trade deal are likely to take place soon.

Almost all matters regarding the fuel supply from China have been finalised and only some technical matters are left to be sorted out, said Deputy Director Baral. RSS



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