CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Decision to import chemical fertilizers from China still pending

CEO Tab by CEO Tab
February 7, 2022
in Prime News
0
40,000 metric tonnes of fertilizer procured from China yet to arrive
75
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

According to the agri-products company, the import process of 113,000 metric tonnes of chemical fertilizers has been blocked due to obstruction from China.

You might also like

Commercial Banks Cut Deposit Interest Rates Again Amid Excess Liquidity

Seven New Taxes and Fees Take Effect From Today: Here’s What Will Cost More in Nepal

Nepal, India Agree to Increase Cross-Border Power Trade; Nepal’s Electricity Exports to Reach 1,650 MW

The company has stated that it was confused due to China that the contract, which was signed five months ago, should have entered Nepal today and tomorrow.

According to Rajendra Karki, managing director of the company, 50,000 metric tonnes of urea and 63,535 metric tonnes of DAP fertilizer imports have been delayed due to the Chinese policy of stopping manure exports. “The contractor got the contract to import the manure. The Chinese company decided to give the manure but now they have not given the manure saying it is the government’s policy,” says Karki.

The company has stated that the Chinese manure producer was selling chemical manure in the world market while Nepal was processing the contract but the government refused to supply the manure saying that the government had stopped the export.

Five different contractors had been contracted by the company to bring in 113,535 metric tons of manure.

The company claims that there will be no shortage of manure for wheat and sorghum paddy if the procurement process is not completed.

A company called Base Trading and Zen Trading had won a contract for 25,000-25,000 metric tons of DAP fertilizer to buy fertilizer from a Chinese company.

Similarly, Silk JV had contracted 50,000 metric tonnes of urea, Silk Transport 10,000 metric tonnes of DAP and a company called Silk Market had won 5,000 metric tonnes of DAP.

Out of the 115,535 metric tonnes of manure imported from China this fiscal year, only 2,000 metric tonnes of manure has been imported, according to the agri-products company.

Karki also said that the Prime Minister’s attention has been drawn to facilitate the import of manure.

The company claims that it has received only 20 metric tons of DAP and 7,000 metric tons of potash fertilizer from different tenders.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Commercial Banks Cut Deposit Interest Rates Again Amid Excess Liquidity

by CEO Tab
July 17, 2026
0

Kathmandu: Nepali commercial banks have once again lowered deposit interest rates for the coming month, reflecting continued excess liquidity in the country's banking system and sluggish demand for...

Read more

Seven New Taxes and Fees Take Effect From Today: Here’s What Will Cost More in Nepal

by CEO Tab
July 17, 2026
0
Seven New Taxes and Fees Take Effect From Today: Here’s What Will Cost More in Nepal

Kathmandu: The government has introduced new taxes and fees on seven categories of goods and services from today, the first day of the new fiscal year, expanding the...

Read more

Nepal, India Agree to Increase Cross-Border Power Trade; Nepal’s Electricity Exports to Reach 1,650 MW

by CEO Tab
July 17, 2026
0
Nepal, India Agree to Increase Cross-Border Power Trade; Nepal’s Electricity Exports to Reach 1,650 MW

Kathmandu: Nepal and India have agreed to significantly expand cross-border electricity trade, with Nepal's power exports to India set to increase to 1,650 megawatts (MW) under a new...

Read more

NRB Defers Working Capital Loan Variance Analysis Rule by One More Year

by CEO Tab
July 17, 2026
0
NRB Defers Working Capital Loan Variance Analysis Rule by One More Year

Kathmandu: Nepal Rastra Bank (NRB) has postponed the implementation of the variance analysis provision under the Working Capital Loan Guidelines, 2022 for another year, offering relief to banks,...

Read more

Finance Committee Gives Government 10 Days to Submit Report on Capital Market Reforms

by CEO Tab
July 16, 2026
0
Finance Committee Gives Government 10 Days to Submit Report on Capital Market Reforms

Kathmandu: The parliamentary Finance Committee has directed the government to submit a comprehensive study report within 10 days on the key challenges facing Nepal's stock market, amid growing...

Read more
Next Post
Climate change: Top companies exaggerating their progress – study

Climate change: Top companies exaggerating their progress - study

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.