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| Trade at Nathu-La is not all that hot | | |
BEIJING: China has accused India of erecting unilateral and restrictive trade barriers at the strategic Nathu-La border trade market which was opened in July, with much fanfare, after a 44-year hiatus.
"India has unilaterally imposed restrictions on trade through Nathu-La," Hao Peng, vice-chairman of the Tibet Autonomous Region, said in the Tibetan capital, Lhasa, on Thursday.
Hao told a group of visiting Indian journalists hosted by the Chinese government that the border trade through Nathu-La is running at a "low level" and was "not ideal."
Hao also complained that only 15 Chinese items have been permitted to enter the Indian market from the Chinese side. At the same time, the Indian government has allowed the export of 29 items from India to China.
When China opened a trade mart at Renqinggang, some 16 km from the Nathu-La Pass, India opened the Changgu mart in neighbouring Sikkim.
However, while Indian businesspersons can stay at China's Renqinggang mart, Chinese traders cannot spend the night at the Indian mart, Hao further said.
"Trade at the Renqinggang mart is currently less than 100,000 yuan (12,500 U.S. dollars) per week, far less than we had expected," Hao was quoted as saying.
"I hope the Indian government will adopt a more egalitarian approach to cross-border trade with China," he said.
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