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Nepal receives Chinese internet, breaks Indian monopoly

Until yesterday all the internet you were using was coming from India; from today, you cant be too sure. Nepal Telecom is officially connected to the Chinese internet from today. There should be no disruption while using Google, Facebook, and other services as Nepal is connected to Hong Kong servers. This move has officially ended Indias monopoly over internet supply to Nepal, creating a platform ...


nepal china border sealed for three days

Nepal-China border cro- ssings at Rasuwagadhi and Kimathanka will be closed for 72 hours from Thursday midnight, ahead of the first phase of federal parliament and provincial elections scheduled for November 26. According to Rasuwa Chief District Officer Chomendra Neupane, the order comes in line with the mandatory requirement to seal international borders ahead of the elections. The borders wi...


Nepal, China sign MoU on consumers’ rights
Source: RSS

Nepal, China sign MoU on consumers’ rights

Nepal and China on Wednesday signed a memorandum of understanding (MoU) on the bilateral exchange of information on the areas of consumers rights protection, and trade and commerce relations. The understanding was signed by Minister for Supplies Deepak Bohara and Chinas Minister of State Administration for Industry and Commerce Zhang Mao. The intention of the understanding is to initiate bil...


China pledges five times more FDI in Nepal than India
Source: RSS

China pledges five times more FDI in Nepal than India

China has surpassed India in terms of committing foreign direct investment (FDI) in Nepal. According to the latest statistics maintained by Nepal Rastra Bank (NRB), China has outdone India in terms of committing FDI in Nepal as well as in terms of projects in Nepal. The latest data put India on the fourth position in terms of the number of development projects pledged in Nepal and on the sec...


Chinese Prez Xi set to open culture centre in Kathmandu
Source: RSS

Chinese Prez Xi set to open culture centre in Kathmandu

The Peoples Republic of China is opening China Culture Center (CCC) in Nepal this year to coinicide with 60 years of diplomatic relations between the two nations. The main building of the center, established in Maharajgunj, is expected to be inaugurated by senior government official from China in November, possibly by Chinese President Xi Jinping, according to officials. Yin Kunsong, direc...


Nepal and China ink transit and transport agreement
Source: RSS

Nepal and China ink transit and transport agreement

Nepal and China have on Monday signed important agreements including on transit and transport. The agreements have been signed during the high level talks held at the Great Hall of the People here in course of Prime Minister KP Sharma Olis official visit. Also today Prime Minister Oli and his Chinese counterpart Li Keqiang held talks at the Great Hall of the People. On the occasion, the tw...


Nepal, China agree to trade in fuel on long-term basis

Nepal and China today agreed to have a long-term trade in petroleum goods, including cooking gas, petrol and diesel, and improve trans-Himalayan connectivity to boost bilateral trade. After Nepal proposed to import fuel from the northern neighbour, Chinese side expressed its readiness to jointly examine pricing, transportation and logistics for the same. The two sides sealed an eight-point d...


DPM Thapa leaving for five-day China visit
Source: RSS

DPM Thapa leaving for five-day China visit

Deputy Prime Minister and Minister for Foreign Affairs Kamal Thapa is leaving for a five-day official visit of China on Wednesday. Assistant Spokesperson for the Ministry of Foreign Affairs, Deepak Dhital said DPM Thapa would hold bilateral talks with his Chinese counterpart Wang Yi in Beijing and discuss a range of bilateral issues. During the visit, Nepal is expected to seal a trade and tr...


NCC holds discussion with Chinese traders
Source: RSS

NCC holds discussion with Chinese traders

The Nepal Chamber of Commerce (NCC) on Friday requested Chinese traders to work jointly with their Nepali counterparts to promote investment in agro production, manufacturing, tourism and banking. During a meeting with a visiting delegation from China, the private sector said it desired to enhance business ties particularly with Xian, a city in Chinas Shaanxi province. The 21-member Chinese ...


Tax issues delay oil accord with China
Source: RSS

Tax issues delay oil accord with China

Lack of clarity over double taxation on oil imports from China has delayed the signing of a commercial agreement with Petro-China. The government is sending a technical team of Nepal Oil Corporation (NOC) to China on Monday to clarify the taxation issue before a high-level government delegation travels to Beijing to sign the deal. According to the Ministry of Commerce and Supply (MoCS), the gov...


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