China Agrees in Principle to Resume Border Trade with India via Shipki La after 5 Years
In a significant development, China has agreed in principle to resume border trade with India via the historic Shipki La route in Himachal Pradesh’s Kinnaur district. The resumption of trade via this route comes after a five-year hiatus, which was enforced due to the COVID-19 pandemic. The announcement was made by the Himachal Pradesh government on Sunday, sparking excitement and optimism among the local business community.
The Shipki La route has a rich history, dating back to the British era when it was used as a trade route between India and Tibet. The route was closed in 2020 due to the pandemic, leaving a significant impact on the local economy, particularly in Kinnaur district. However, with China’s latest agreement, trade is set to resume, providing a much-needed boost to the region’s economy.
The Himachal Pradesh government had been actively pursuing the resumption of trade via the Shipki La route. Chief Minister Sukhvinder Singh Sukhu had written to the Centre earlier, emphasizing the importance of reviving the historic Indo-Tibetan trade route. The state government’s efforts have finally borne fruit, with China agreeing in principle to resume trade.
The resumption of trade via Shipki La will not only benefit the local economy but also strengthen India’s relations with China. The route will provide a new avenue for trade, allowing Indian businesses to export goods to China and other countries in the region. The route will also facilitate the import of goods, including essential commodities, from China.
The significance of Shipki La as a trade route cannot be overstated. Located at an altitude of 17,680 feet, the route is a treacherous one, but it offers a unique opportunity for India to regain its foothold in the region. The route is expected to be used for the export of goods such as handicrafts, textiles, and dry fruits, among others.
The resumption of trade via Shipki La will also have a positive impact on the local community. The route is expected to create new job opportunities, particularly in the sectors of agriculture, manufacturing, and logistics. The route will also provide a boost to the local economy, which will benefit from the increased economic activity.
The Himachal Pradesh government has been working closely with the Centre and other stakeholders to ensure a smooth resumption of trade via Shipki La. The state government has also been working to improve the infrastructure along the route, including the construction of new roads and bridges.
The resumption of trade via Shipki La is a significant development, not just for Himachal Pradesh but also for India’s overall relations with China. The agreement demonstrates the willingness of both countries to engage in economic cooperation and strengthen their bilateral ties.
In conclusion, the resumption of trade via Shipki La is a welcome development that will have far-reaching benefits for the local economy and India’s relations with China. The agreement is a testament to the commitment of both countries to strengthen their economic ties and promote regional cooperation. As the trade route begins to operate once again, we can expect to see a significant increase in economic activity, job opportunities, and growth in the region.
