Showing posts with label NEPAL-CHINA TIES. Show all posts
Showing posts with label NEPAL-CHINA TIES. Show all posts

Tuesday, 15 August 2017

Nepal, China sign three pacts to boost energy, economic, technological ties

China, flag

Nepal and China on Tuesday signed three pacts to further boost their ties in power and energy sectors and undertake a feasibility study to excavate natural gas and petroleum in the Himalayan country, including in the southern Terai plains.

The pacts were signed after visiting Chinese vice premier Wang Yang held discussions with Nepal's deputy prime ministers Bijaya Kumar Gachhadar and Krishna Bahadur Mahara.

The agreements cover three different domains - economic and technological cooperation, China-aid oil and gas resources survey project and framework agreement on promotion of investment and economic cooperation, Nepal's state-run National News Agency reported.

They include a feasibility study for excavating natural gas and petroleum in mountain areas and plains of the Terai region.

The two countries agreed to establish hydropower projects and transmission lines and take steps for economic and technological development in Nepal, which suffers from acute shortage of electricity.

Finance Secretary Shanta Raj Subedi told the agency the pacts would make significant contributions in Nepal's socio- economic transformation.

Thursday, 13 July 2017

India's monopoly ends as Nepal to get internet connection from China

.

Nepal is likely to get internet connection through Chinese optical fiber from next month, ending India's monopoly over the online services in the landlocked Himalayan country.

Nepal has relied on India for internet services for long as the country is optically connected with the southern neighbour through Bhairahawa, Birgunj and Biratnagar.

However, the connection with China will end the monopoly of India in supply of internet bandwidth.

The long-awaited internet connection from China is expected to be completed by the end of July as the work of laying optical fiber on the Chinese side has resumed.

Nepal has already completed the task of laying optical fiber on its side for the connection.

The task of laying optical fiber was about to be completed in early June. But it could not take place after an avalanche disrupted the work on the Chinese side, an official said.

"Connection test was already conducted. Nepal would have already been connected with Chinese internet if the work was not halted in June," the official at the Nepal Telecom said.

Shobhan Adhikari, deputy spokesperson for the Nepal Telecom, said that the local government of China had suspended the work of laying optical fiber after a worker collapsed due to high attitude sickness. Now the work has already resumed.
READ MORE