China and India agreed last week to reopen border trade at Nathu La Pass on July 6, after being closed for 44 years.

Officials from both sides ended discussion on the issue in Lhasa, capital of Southwest China's Tibet Autonomous Region, and signed on the agreed minutes.

Nathu La Pass is 4,545 metres above sea level, 460 kilometres away from Lhasa and 550 kilometres from the Indian coastal city of Calcutta. The pass used to be an important trade route between China and India.

Driving insurance

Drivers across China will be forced to cough up around 1,000 yuan (US$125) for compulsory insurance before taking to the road next month. The insurance regulator last week said vehicle liability insurance would become compulsory on July 1.

Rates will differ, depending on the vehicle and the driver's record. A family car with less than six seats should cost 1,050 yuan (US$131) per year, with claims limited to 60,000 yuan (US$7,500), including 50,000 (US$6,250) for death or deformity, 8,000 yuan (US$1,000) for medical treatment and 2,000 yuan (US$250) for damage.

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