Nepal PM Oli signs road & energy deals with China
Nepal Prime Minister KP Sharma Oli reviews a military honour guard with Chinese premier Li Keqiang during a welcome ceremony at the Great Hall of the People in Beijing. Photograph: (AFP)
Nepal PM KP Sharma Oli today signed 14 memorandum of understanding(MoU) with China including the reconstruction of the "friendship bridge" and Rasuwa bridge, including the utilisation of highways in Tibet by Nepal.
China and Nepal agreed to intensify co-operation on cross-border railway connectivity and called for early finalization of the protocol to the agreement on transit transport.
PM Oli held delegation-level talks with Chinese premier H.E. Li Keqiang to enhance bilateral co-operation in connectivity, trade, tourism and investment, including through the implementation of the MoU on co-operation under the Belt and Road Initiative(BRI).
Prior to the talks, the Prime Minister was accorded a ceremonial welcome amid a special ceremony held at the Great Hall of the People in Beijing.
The two sides also concluded agreements on cargo transportation and human resource development co-operation including MoU on energy co-operation.