Nepal – China sign 14 bilateral agreements including railway connectivity, tourism , investment

TravelBizNews —
Kathmandu: Nepal and China have signed 14 bilateral agreements including railway connectivity from Kerung to Kathmandu.
Chinese Prime Minister Li Keqiang and Nepal’s Prime Minister KP Oli witnessed the signing of a total of 14 bilateral agreements/MoUs/Letter of Exchanges in Beijing today.
The agreements include MOU on Energy Co-operation; MOU on Investment and Co-operation on Production Capacity; MOU on Strengthening Co-operation between the two Foreign Ministries; MOU on the Establishment of Mechanism for Facilitation on the Implementation of Nepal-China Co-operation Programmes and Projects in Nepal between the two Foreign Ministries; Agreement on Economic and Technical Co-operation; Agreements on the Reconstruction of Friendship Bridge and Rasuwa Bridge; Protocol on the Utilization of Highways in Tibet Autonomous Region, China by Nepal for Cargo Transport; and MOU on Human Resource Development Co-operation.
Earlier, PM Oli held delegation-level talks with Li Keqiang, Premier of the State Council of the People’s Republic of China at the Great Hall of the People on June 21.
Both sides agreed 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, among others, according to a statement issued by Embassy of Nepal in Beijing .
Expressing happiness over the signing of the MoU on Co-operation for Railway Connectivity, both sides agreed to intensify co-operation on cross-border railway connectivity.
The two sides agreed to implement the agreements and understandings reached in the past, including the early finalization of the Protocol to the Agreement on Transit Transport.
Earlier , PM Oli met with Li Zhanshu, Chairman of the Standing Committee of the National People’s Congress at the Great Hall of the People.
Lilewise , PM Oli inaugurated ‘Nepal-China Friendship Run’ hosted jointly by the Embassy of Nepal, the State General Administration of Sports and the Beijing Sports University for strengthening people-to-people ties between the two countries.
The Prime Minister is scheduled to leave for Lhasa tomorrow and then to Kathmandu on June 24.
June 21, 2018
Joint Statement between Nepal and the People’s Republic of China
Image : Inauguration of Nepal-China Friendship Run in Beijing / MOFA