Placeholder canvas

Agreements related to infrastructure, cross border railway links signed between Nepal and China

Date:

After concluding the second informal summit with PM Narendra Modi on Saturday, Chinese President Xi Jingping is now on a two-day visit to Nepal.

This is the first visit by a Chinese President to Nepal in over two decades. Agreements related to trade, connectivity and were signed.

ALSO READ: US-China initial trade negotiations conclude; partial relief to both sides

What would be of particular interest to the Indian establishment is the Communist party of Nepal’s tilt towards the Dragon. As part of the One Belt One Road (OBOR) project of China, the Katmandu- Gyirong- Shigatse railway link project will be discussed during this visit. India has certain geo-strategic and security concerns over this project which is also set to upset the ecologically sensitive Himalayan mountains. An agreement to this effect was signed.

A total of 18 Agreements and 2 letters of understanding were signed between the two sides. This included amongst others cross border rail connectivity, tunnel upgradation and other infrastructural matters.

A separate treaty on mutual legal assistance and better coordination between the Ministries of the two nations was also signed.

Earlier in the day, President Xi met the Nepalese Prime Minister KP Sharma Oli.

Click here for Latest News updates and viral videos on our AI-powered smart news

For viral videos and Latest trends subscribe to NewsMobile YouTube Channel and Follow us on Instagram

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

JP Morgan CEO Praises PM Modi, Says He Has Done An Unbelievable Job In India

Dimon spoke on current trends in global finance and shared his insights into evaluating and managing the economic and geopolitical risks ahead

Sam Pitroda’s Remarks On Inheritance Tax Sparks Outrage; What Is Inheritance Tax?

Sam Pitroda the chairperson of the Indian Overseas Congress on Wednesday mentioned about the inheritance tax which exists in the United States and called it an 'interesting idea'

Prime Minister Modi Slams Congress Over Sam Pitroda’s ‘Inheritance Tax’ Remark

Surguja: In the midst of a row around 'wealth...

India, Japan Hold Consultations On Disarmament, Non-Proliferation And Export Control

The two sides exchanged views on developments in the areas of disarmament and non-proliferation relating to nuclear, chemical and biological domains, outer space security, non-proliferation issues, conventional weapons and export control