Nepal-China trade routes under siege from Himalayan glacial lakes

KATHMANDU, Sept 22: On July 8, a predawn flash flood in Rasuwagadhi, a key border point between Nepal and China, caused massive loss of lives and property. The flood swept away the Nepal-China Friendship Bridge (Miteri Bridge), a customs yard, four hydropower projects with a combined capacity of 260 MW, and 24 containers loaded with electric vehicles and other goods. Insurance claims for the damages have already exceeded Rs 985.98 billion.