China to supply petroleum products to landlocked Nepal
Source: www.chinamining.org Citation: quadrangleonline.com Date: March 29, 2016
The airport project will also allow for more trade between China and Nepal, it said.
Two-thirds of Nepal`s worldwide trade is with India.
In the statement, Nepal and China agreed to strengthen connectivity, further step up the land and air links and improve the land transport infrastructure.
During Oli`s India visit in February, India offered access to a second port, Visakhapatnam, in a move understood in Kathmandu as the southern neighbour`s attempt to woo Nepal away from seeking sea access via Chinese territory.
Kathmandu blamed New Delhi for supporting the protestors who were agitated over a new Constitution that denied them their due through a realignment of constituencies. Another issue that is causing some heartburn in India is the proposed free trade zone between China and Nepal.
China will also build oil storage facilities for Nepal, and will send experts to Nepal to carry out a feasibility study on oil and gas resources research.
"The two sides have also agreed on building railways in Nepal", he said.
Oli, on his first official visit to China as Nepali Prime Minister, said the traditional Nepal-China friendship will not be affected by any external factor, which has set an example for relationship between countries of different sizes and different political systems. Our work there can help to work for common development. The Nepal-China border is snowed out for large parts of the year, with few motorable routes even theoretically possible. Similarly, the proposed rail link from China to Nepal is another long-term project that faces Herculean geographical challenges.
China was already planning to extend the railway from the Tibetan city of Xigaze to Gyirong on the Nepali border, she said. That said, India can not afford to be complacent or else it will run the risk of losing at least its economic influence with its northern neighbour in the long term.
Besides, the two countries signed agreements in the fields of science and technology, sister-city relations between various Nepalese and Chinese cities, and establishment of Nepal`s Consular General Office in Chengdu, China. "Kathmandu has the right to choose the development partners that maximise its national interests", it said.
"Therefore, instead of being forced into becoming a strategic barrier against China, Nepal should be better treated and act as a bridge between Beijing and New Delhi", the article said.
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