Friday, June 22, 2018
News

Oli's China visit: Dozen projects on agenda

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Kathmandu | Thursday, Jun 14 2018 IST
Nepali Prime Minister KP Sharma Oli is embarking on a five-day official visit to China on June 19 as Beijing looks to deepening ties with Nepal with deals under its flagship Belt and Road Initiative, according to a report in The Kathmandu Post on Thursday.

PM Oli, for the first time, is going to discuss projects under the BRI after Nepal became a part of it last year. Kathmandu has already sent a list of projects to Beijing mostly related to road, rail, energy and cross-border power transmission.

The foreign ministries of Nepal and China on Wednesday announced PM Oli's visit. As of Wednesday, both the sides have agreed to sign at least six pacts while negotiations are going on for five other deals.

This will be the second China visit by PM Oli. In 2016, he signed a landmark Transit and Transport Agreement with China, expected to end Nepal's longstanding dependence on India for third-country trade. This time around, apart from signing the Protocol to the Transit and Transport Agreement, several other pacts and memoranda of understanding on connectivity, linking China and Kathmandu by rail, energy, tourism, opening more border points with the northern neighbour and construction of petroleum storage facilities, among others, will be signed. In Beijing, Oli is scheduled to hold delegation level talks with his Chinese counterpart Li Keqiang.

There could be more agreements but the details of pacts, understandings and MoUs will be ascertained by Friday, said officials.

China looks forward to using Prime Minister Oli's visit as an opportunity to deepen its cooperation with Nepal in the Belt and Road framework, strengthen cooperation in politics, economy and trade, infrastructure, post-disaster reconstruction and human resource, and push bilateral relations to a new level, a Foreign Ministry spokesperson said in Beijing.

Officials expect that one medium-sized hydroelectricity project, to be constructed under the BRI framework, will be announced in Beijing after talks between the two prime ministers. Oli, who is visiting China at the invitation of Premier Li, will also call on Chinese President Xi Jinping and other senior leaders of the Chinese Communist party. The two sides are prepared to sign agreements on energy cooperation and construction of two all weather north-south corridors, technical and economic cooperation, and Chinese assistance for human resource development in Nepal that includes training for Nepali students and professionals.

PM Oli, as during his visit two years ago, will be boarding a Himalayan Airlines plane for a direct flight to Beijing. He will return via Tibet on Chinese commercial flights. "This is the first visit of Oli to China after completion of the political transition [in Nepal]. This provides an important opportunity for the leaders of the two countries to further plan" and propel China-Nepal relations to a new height, the Chinese ministry said in a statement.

The entourage includes Home Minister Ram Bahadur Thapa, Foreign Minister Pradeep Gyawali, Energy Minister Barsha Man Pun, Infrastructure Minister Raghubir Mahaseth, PM's Chief Advisor Bishnu Rimal.

UNi XC-SNU 1442

-- (UNI) -- C-1-1-DL0442-1402431.Xml

Watch News Videos

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
TRENDING TOPICS
 
 
 
CITY NEWS
MORE CITIES
 
MORE WORLD NEWS
India reaffirms united stand with EU aga...
UK raises concerns about Trump-Putin sum...
Pompeo may visit North Korea soon...
China expected to relax sanctions on N. ...
Sushma, Sitharaman to visit Washington f...
UN chief to assist Russia, US in overcom...
More...
 
INDIA WORLD ASIA
BJP rubbishes reports of JD (U) skipping...
Mamata has mastered the art of political...
Fodder Scam judge robbed in Ranchi...
Beer brewing since Iron Age...
Ram Naik reiterates postal ballot demand...
Congress appoints 3 new secretaries for ...
More...    
 
 Top Stories
I was as low as I believe I could'v... 
Melania Trump wears 'I really don't... 
International Yoga day: Pradhan per... 
5th India International MSME Start-... 
India, EU stand shoulder to shoulde... 
Scientists discover 27 new viruses ... 
PM Oli highlights role of political... 
FIFA World Cup: Croatia dominates A...