Import restrictions extended until November

The cabinet meeting held today has decided to maintain the ban on the import of luxury goods such as vehicles and mobiles until November.

The decision made by the Council of Ministers in a meeting held today has decided to extend the ban as it ends today. As Nepal’s foreign exchange reserves declined, 10 items were banned from Baisakh 2079 BS., defining them as luxury goods. But out of those 10 items, only 4 items are currently banned. On Bhadra 14, 2079 BS., private vehicles except for ambulances, mobile phones above $300, motorcycles above 150 cc and alcohol were banned, and the meeting of the council of ministers held today has decided to extend it till November.

Earlier, the import of Kurkure chips and similar products, prepared liquor, cigarettes and tobacco products, diamonds, mobile phones, televisions above 32 inches, jeeps, cars,vans andmotorcycles above 250 cc, toys and palying cards was banned.