The Shipki La pass in Himachal Pradesh is an important trade route with:

Nepal
China (Tibet)
Bhutan
Pakistan

The correct answer is China (Tibet).

The Shipki La pass is a high mountain pass in the Himalayas on the India-China border. It is located in the Kinnaur district of Himachal Pradesh, India, and the Shigatse Prefecture of Tibet, China. The pass is at an elevation of 4,450 meters (14,600 feet) and is the highest motorable pass in the Himalayas.

The Shipki La pass has been an important trade route between India and Tibet for centuries. The pass was closed to trade in 1962 after the Sino-Indian War, but it was reopened in 1981. The pass is now used to transport goods between India and Tibet, and it is also a popular destination for trekking and mountaineering.

The other options are incorrect because they are not countries that share a border with India. Nepal is located to the east of India, Bhutan is located to the north of India, and Pakistan is located to the west of India.