The transit and transportation treaty is likely to end India's monopoly over the landlocked nation's trade through Haldia port in Kolkata. It gives Nepal an option to use the next nearest Tianjin port in China that is 3,000 km from Nepal border.
China has undertaken 15 projects in Nepal, including four hydropower plants, and the country's second international airport at Pokhara, with 14 others in the pipeline, Hong-Kong based South China Morning Post reported recently.
Nepal Prime Minister K P Sharma Oli's visit comes at the invitation of his Chinese counterpart Li Keqing. This will be the first visit to China by the Prime Minister since he assumed power in February.
Nepalese PM Oli will be on a three-day visit to India from April 6 during which he would hold talks with Prime Minister Narendra Modi and call on President Ram Nath Kovind and Vice President M Venkaiah Naidu.
This will be K P Sharma Oli's second time in office as Nepal premier after previously serving between October 2015 and August 2016. President Bidhya Devi Bhandari appointed the 65-year-old leader under article 76 of Nepal's Constitution
Kutch, Feb 24 (ANI): Nepal Prime Minister Khadga Prasad Sharma Oli visited Gujarat’s Bhuj area, which was devastated by a massive earthquake in 2001, to take lessons on rehabilitation of earthquake victims. Oli, along with his wife Radhika Shakya, and Nepali delegates reviewed the reconstruction work undertaken by authorities in Bhuj, adding that soon he will start reconstruction of Nepal.