China And Nepal Ink 14 Agreements Including Cross-border Railway Network

China and Nepal have signed 14 agreements including a cross-border railway, infrastructure, post-disaster reconstruction and human resources here on Thursday.

BEIJING, (APP - UrduPoint / Pakistan Point News - 21st Jun, 2018 ) :China and Nepal have signed 14 agreements including a cross-border railway, infrastructure, post-disaster reconstruction and human resources here on Thursday.

Chinese Premier Li Keqiang and his Nepali counterpart Khadga Prasad Sharma Oil who held bilateral talks also witnessed the signing of memorandums of understanding (MOUs) on capacity.

The Nepali prime minister is currently on a five-day visit to China. This is Oli's first visit to China after his recent re-election. He visited China during his earlier brief tenure as prime minister in 2016.

During the talks, the Chinese premier informed the visiting Nepali prime minister that China was willing to strengthen cooperation with Nepal in infrastructure connectivity, logistics, trade and investment under the Belt and Road Initiative (BRI).

The Nepali leader said he hoped the trip could enhance cross-border railroad connectivity, infrastructure development, trade, investment and tourism under China-proposed Belt and Road framework.

The Nepali leader also tried to confirm plans for a China-Nepal Economic Corridor under the BRI.

The Nepali prime minister with a 100-plus delegation began a five-day official visit to China on Tuesday at the invitation of Chinese Premier Li Keqiang.

During his visit, the Nepalese prime minister also met President Xi Jinping and applauded China's development achievements, highly appraised China's positive role in international affairs, and thanked China for its support for the country's development transformation.