Tea Biz News and Insight - August 5, 2022

HEAR THE HEADLINES – India Considers Tough New Import Restrictions for Nepal Tea | IMF Bailout Talks with Sri Lanka to Resume | Kenya’s Ag Minister Reverses the Government’s Position Favoring Mechanization

| NEWSMAKER – Aasha Bhandari, International Trade and Promotion Executive at HIMCOOP, the Himalaya Tea Producers Co-operative

| FEATURE INTRO – Tea Biz this week travels to Kathmandu, Nepal, where Aasha Bhandari describes how Asia’s enthusiasm for golden tips powered Nepalese tea producers through the pandemic. HIMCOOP, the Himalaya Tea Producers Co-operative, is a consortium of tea producers founded in 2003.

Nepal Opportunity – The Eastern Nepal region has led the country's tea trade. Today the landscape is changing as more entrepreneurs are exploring the tea industry. HIMCOOP trade and promotions executive Aasha Bhandari says, "One of the best advantages Nepal tea has is that they own their factory, they own their garden. So, they have the power to make whatever sort of tea they want to make. That's a good advantage. And I think they're doing it quite well. I'm really impressed with the small farmers compared to the big factories."

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