Nepal, China ink free trade agreement, transit treaty

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Kathmandu, Mar. 21 (ANI): Nepal has signed a host of agreement, including free trade agreement and transit treaty, with China.

The agreement was signed between Nepal Prime Minister K.P. Shama Oli and his Chinese counterpart Li Keqiang.

The Nepal PM’s Foreign Affairs Adviser, Gopal Khanal, informed that China has decided to provide soft loan for the construction of an international airport in Pokhara and a bridge over the Simikot-Hilsa road section, reports Himalayan Times.

Oli is presently on a week-long visit to China where he will call on Chinese President Xi Jinping. He is also scheduled to address the scholars, academics, business people and students at Renmin University on the theme ‘Nepal-China Relations in the Context of Belt and Road Initiatives’.

The Prime Minister is scheduled to return on March 27 from Chengdu. (ANI)

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