The annual Indo-China border trade through 17,500-feet high Lipulekh pass will take place between June 1 and September 30, it was announced here on Wednesday.
India’s customs department and the State Bank of India have started the process to open their make shift offices at Gunji Mart. May 30 is the last date for applying trade passes.
The annual trade in Pithoragarh district is going on since 1992 following an agreement between India and China.
“The border trade this year will run between June 1 and September 30. Dharchula SDM RK Pandey has been nominated as the trade officer, ” said Pithoragarh district magistrate C Ravishankar.
Ravishankar said a representative of the district administration was in Delhi to collect over 300 trade passes from the external affairs ministry.
“We expect not less than 200 traders to participate in the cross border trade along with their assistants to visit the Tibetan mart at Taklakot so as to solemnise the border trade,” he said.
According to the trade officer, Indian traders take agricultural instruments, textile, bicycle, coffee, dry fruits, vegetable oil sugar, Gur, sugar candy, cigarettes and local grains as export items and in turn import Tibetan blankets, readymade , shoes, wool, cotton cloths utensils made of China clay, carpets and electronic goods from Tibet.
“Last year, Indian traders incurred heavy losses as their goods were rejected on account of not having expiry dates mentioned on them. Indian traders will take special care this year to take items having expiry dates on them,” SDM Pandey said.