KATHMANDU, April 5: Prime Minister Sher Bahadur Deuba has said that Chobhar dry port will make Kathmandu Valley a hub of international trade.
Speaking at the inauguration ceremony of the dry port on Tuesday, Prime Minister Deuba said that the Kathmandu Valley would be developed as a hub of international trade when the service is launched. He said that the port would help in facilitating trade from the Kathmandu Valley and reducing the cost of trade.
PM Deuba inaugurates Chobhar Dry Port amid protests by locals
While expressing confidence that the dry port would play an important role to make the import and export of goods and services more systematic and competitive, Prime Minister Deuba said that structures such as dry ports were needed to develop the country's foreign trade in a sustainable and balanced manner.
The prime minister also emphasized the need to focus on indigenous raw materials, labor and SIP-based products to reduce the growing trade deficit. He also made a remark that the government was ready to cooperate with the private sector to solve the problems in foreign trade.
