Nepal government has lifted the previously imposed restrictions on the import of alcohol as well as luxury vehicles.
The spokesperson for Nepal government, Pradeep Kumar Gyawali, said that the Cabinet meeting held on Thursday had decided to lift the restrictions imposed on alcohol as requested by the Ministry of Industry, Commerce and Supplies.
The government had halted the import of alcohol from March 29, citing that the import of such goods might have an impact on the foreign exchange reserves of the country.
Prior to the Cabinet’s, alcohol importers had also been urging the government to lift the restrictions.
Every year, the country imports foreign brands of alcohol worth more than two billion rupees.
Meanwhile, the government has also allowed the import of vehicles that are worth more than $50,000 for the official and personal use of foreign diplomats, diplomatic organisations and foreign officers.
“The restriction had mostly affected diplomatic missions. Thus, the government has decided to lift the restriction on import of such vehicles,” Gyawali said.