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Searched Tag: china nepal

Nepal, China sign BRI deal, replace 'grant' with 'aid' financing

Nepal,China sign BRI deal, swap 'grant' with 'aid' financing

December 4, 2024, 06:14 PM - 3 min read

Nepal and China on Wednesday signed a "Framework for Belt and Road Cooperation" during the visit of Prime Minister KP Sharma Oli by replacing 'grant financing' with "aid financing."

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Chinese President Xi Jinping (right) shakes hands with Nepalese Prime Minister Khadga Prasad Oli (left) at the Great Hall of the People in Beijing back in March 21, 2016.

China pushes Belt and Road with new Nepal PM

July 18, 2024, 02:39 PM - 2 min read

Premier Li extended heartfelt congratulations to Oli, pointing out the desire to build on previous agreements between the nations to bolster their strategic partnership.

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On 25 June 2021, China inaugurated a 435km section of the Lhasa-Nyingchi Electrified High-speed Rail. The ‘bullet train’ will have a top speed of 160 km/h and bring Chengdu closer to the Nepal border when completed in 2025.

Nepal's Deputy PM engages in talks with China on BRI implementation plan for 'national development'

April 1, 2024, 07:12 PM - 2 min read

The Nepal Deputy CM held discussions with Chinese officials on matters relating to giving final shape to the Belt and Road Initiative (BRI) Implementation Plan for its actual implementation.

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