Automobile Importers Face Double Blow Ahead of Expo
Summary
Nepal’s automobile importers are facing delays and rising costs ahead of the second NAIma Mobility Expo, with more than 35 vehicles stranded at the Tatopani border after landslides damaged roads. Importers are also protesting the government’s new tax policy, warning it will disrupt prices and the supply chain unless the rules remain stable for five years.
Key Points
- More than 35 vehicles imported from China for the expo are stuck at the Tatopani border because of landslides and damaged road sections.
- NAIma President Ritu Singh Vaidya says the government should repair the border road immediately and avoid rerouting vehicles through Rasuwa.
- Importers say the new budget tax policy has raised prices, especially for premium vehicles, and is hurting the automobile business.
- NAIma is demanding five years of policy stability to protect supply chains and investment planning.
