Nepal sharply hikes permit fee for Everest climbers

FILE PHOTO: Mount Everest, the world highest peak, and other peaks of the Himalayan range are seen through an aircraft window during a mountain flight from Kathmandu, Nepal January 15, 2020. REUTERS/Monika Deupala/File Photo

KATHMANDU (Reuters) - Nepal will increase the permit fees for climbing Mount Everest by more than 35%, making the world’s tallest peak more expensive for mountaineers for the first time in nearly a decade, officials said on Wednesday.

Income from permit fees and other spending by foreign climbers is a key source of revenue and employment for the cash strapped nation, home to eight of the world’s 14 highest mountains, including Mount Everest.