For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts
Oneindia App Download

Nepal's ruling party hails China-Nepal deals

By IANS English
|
Google Oneindia News

Kathmandu, March 25: Nepal's ruling Communist Party of Nepal (Marxist-Leninist) on Friday, March 25welcomed cooperation deals inked with China during the ongoing visit of Prime Minister K. P. Sharma Oli.

"These bilateral cooperation deals are highly significant which help achieving long-term socio-economic development goals to Nepal on its own," said cited the CPN-ML as saying in a statement.

 nepal

Stating that the deals have opened new gateway for diversifying Nepal's trade, the party also stressed on earnest implementation of those pacts.

"Bilateral cooperation deals reached between the two countries on trade diversification, cross border connectivity, infrastructure development, investment, reconstruction, climate change, energy, tourism and finance have a long-term significance for Nepal's socio-economic development," the party added.

Nepal and China had sealed 10 separate agreements and memorandums of understanding, including Transit Transport Agreement and Joint Feasibility Study of Free Trade Agreement during the visit of the Nepali prime minister in Beijing.

Oli's week-long visit to China has drawn huge attention of the Nepalese people who hailed the agreements and MoUs as a milestone in enhancing cooperation between the two neighbours.

IANS

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X