A Nepali delegation is in China to seal a deal for linking more border points of the land-locked country with highways in Tibet, ahead of Prime Minister KP Sharma Oli's visit to the country next week.
The team comprising officials of Ministry of Physical Infrastructure and Transport will hold talks with the Chinese side to link more border points with Tibetan highways so that people living in northern parts of Nepal have better access to supplies, the Kathmandu Post reported.
Nepal currently uses three border pointsKerung, Kimathanka and Tatopanilinked with Tibetan highways, for transportation of goods from China.
The Tatopani border point has remained closed since the 2015 earthquake.
The Nepali side is proposing opening of at least nine more trading points bordering Tibet. Nepal and China agreed in 2015 to open seven new trading points between Nepal and Tibet, the daily said.
Another team comprising officials from Commerce Ministry will visit China within a day or two to pursue a deal on the transit and transport agreement, it reported.
Nepal and China signed the agreement in 2016 for using Chinese sea and land ports for Nepal's third country trade. Due to some technical differences, the two sides have yet to reach an agreement on a common text.
The two sides are planning to sign more pacts related to connectivity, trade, investment, energy and tourism, among others, during the prime minister's visit scheduled to begin on June 19, the daily said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
