Growth, Composition and Direction of Nepalese Foreign Trade
Growth of Nepalese Foreign Trade Nepal's ancient trade history dates back to the beginning of the Malla and Lichchhavi regimes, with trade categorized into three separate countries. With Tibet, Nepal's trade has been influenced by the commercial policy of the Malla rulers, who opened new Trans-Himalayan trading routes between Gangetic plains and Chinese cities. However, the Tibetans, enchanted by business speculation, closed trade routes to Nepal in 1770. To promote trade, treaties were signed with Tibet and India, but the number of Nepalese merchants in Lhasa dropped. With India, trade relations between Nepal and India have been connected since the ancient period, but due to cultural and social similarities and geographical conditions, trade activities have been limited. Nepal's main exports to India include metals, precious stones, species, tobacco, rice, timber, hides, honey, ghee, and artistic metal. With overseas countries, Nepal's trade has been limited due to its...