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Tue, April 23, 2024

Government bars import of 10 types of items

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KATHMANDU: The government has barred the import of 10 types of items including luxurious items. According to Nepal Gazette, the items banned include liquors, instant snacks, cigarettes, diamond, mobilephone devices worth over $600, colour television larger than 32 inches, four-wheeler vehicles except for hearse and ambulance, motorcycles higher than 250 cc, all kinds of toys and playing cards. The House of Representatives Industry and Commerce and Labour and Consumers Welfare Committee chair Bimal Prasad Shreevastav informed that the government has barred the import of the items mentioned above, in a bid to stop the outflow of the country’s depleting foreign exchange reserve and for solving the liquidity crisis. It is said the items will not be allowed to be imported into the country until mid-July. READ ALSO:  
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MARCH 2024

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