India-China cross-border trade resumes via Shipki La after six-year hiatus
Cross-border trade between India and China through Shipki La, an ancient Silk Route connecting India with Tibet, resumed on Saturday after a six-year gap. Himachal Pradesh Revenue and Horticulture Minister Jagat Singh Negi flagged off 16 traders towards Shipki village in Tibet. The trade will operate on a barter system, and a modern trade mart (Chhuppan Trade Mart) was inaugurated to facilitate it. The Minister highlighted that the resumption of trade would boost the economy of border areas, create employment opportunities, and strengthen commercial activities in the region.
Key Points
- Cross-border trade between India and China has resumed via Shipki La after six years.
- Shipki La is part of the ancient Silk Route connecting India with Tibet.
- The trade will primarily operate on a barter system.
- A modern trade mart, Chhuppan Trade Mart, was inaugurated to facilitate the trade.
- Resumption of trade is expected to boost the economy and employment in border areas.
Exam Facts
- Border pass: Shipki La.
- Location: Kinnaur district, Himachal Pradesh (India side).
- Trade resumption after: six years.
- Trade mart: Chhuppan Trade Mart.
- Himachal Pradesh Minister: Jagat Singh Negi.
Read it. Retain it. Recall it.
Get spaced-repetition flashcards, daily quizzes and offline access — free on Android.