Nepal inks MoU with China on Cooperation under OBOR initiative

Nepal inks MoU with China on Cooperation under OBOR initiativeUpdated on : 13-05-2017 06:48 PM
Nepal has signed a Memorandum of Understanding (MOU) with China on Cooperation under One Belt and One Road (OBOR) initiative.


Foreign Secretary of Nepal Shanker Das Bairagi and Ambassador of China to Nepal Yu Hong singed the MoU at Kathmandu on Friday.

Nepal’s Deputy Prime Minister and Minister for Finance Krishna Bahadur Mahara and Foreign Minister Prakash Sharan Mahat were also present on the occasion.

Later talking to media persons, Foreign Minister Mahat said that the MoU is a major step in strengthening Nepal-China relationship.

He also said that road and rail connectivity is very important for Nepal and country requires investment for it.

The MoU seeks to strengthen cooperation in connectivity sectors including transit transport, logistic systems, transport network and related infrastructures development such as railway, road, civil aviation, power grid, information and communication.

The major thrust of the MoU is to promote mutually beneficial cooperation between Nepal and China in various fields including economy, environment, technology and culture.

Similarly, the MoU also aims to promote people-to-people exchanges of different levels between the two countries.

(AKS-13/05)

1
2
Mount Lhotse records first summit in 3 years

Mount Lhotse records first summit in 3 years

Updated on : 16-05-2017 07:21 PM
The fourth highest mountain in the world Mt Lhotse has recorded the first summit in 3 years.

US-backed force seizes key Syria city, dam fr...

Updated on : 11-05-2017 11:36 AM
An alliance of Syrian Kurdish and Arab fighters has announced it has taken a strategically important town from so-called Islamic State militants.
Current Affairs
Anshu Jamsenpa: 1st woman to conquer Mt Everest twice w...

India’s Anshu Jamsenpa has become the first woman to conquer Mt Everest twice within five days.

Updated on : 21-05-2017 01:08 PM
Weather
 

DD News,Copernicus Marg
New Delhi-110001
Phone No. :
Designed and maintained by National Informatics Centre(NIC)

Since December 2013
Total Visitors:-49438294
© Copyright DDNews 2013, All Rights Reserved.