Why in News?

India rejected Nepal's objections to the resumption of India-China border trade through the Lipulekh Pass which Nepal claims as part of its territory. 

• Location: Kumaon region, Uttarakhand; trijunction of India, Nepal, and China. 
• Historical Importance: Ancient trade route connecting the Indian subcontinent with the Tibetan plateau. 
• Border Trade: First Indian border post opened for trade with China in 1992 (Shipki La in 1994; Nathu La in 2006).