Import Ban Extended Till October 14

The government has extended the ban on the import of private vehicles and motorcycles above 150cc till October 14, 2022.The ban on the import of ten types of consumer goods including motorcycles above 250cc and petrol/diesel cars was enforced from April 27, 2022. In a rather severe move, the government added two-wheelers above 150cc to the import ban list from July 17, 2022.NADA Automobiles Association of Nepal (NADA), the governing body of automobile dealers in Nepal, has been continuously requesting the government to ease the ban on the import of private vehicles and motorcycles. However, the import ban has been extended time and again citing the depleting foreign exchange reserves.Although automobile entrepreneurs in the country were quite hopeful about the ban being lifted before the upcoming festive season, the continuation of the ban represents another heavy blow to the already crisis-hit auto industry.