Nepal, China sign 12 pacts during Prachanda’s visit to Beijing

BEIJING/KATHMANDU: China and Nepal on Monday signed 12 agreements, including seven MoUs, to enhance bilateral cooperation in sectors including trade, road connectivity, and information technology after Premier Li Qiang and Prime Minister Pushpa Kamal Dahal “Prachanda” held wide-ranging talks in Beijing. During the meeting, the two leaders comprehensively reviewed the bilateral relations and expressed satisfaction over the close and cordial ties subsisting between the two countries, according to a press release issued by the Nepal embassy in Beijing.
The two sides exchanged views on the ways to further strengthen and consolidate the mutual understanding and cooperation and give a new impetus in the front of economy, trade and people-to-people contacts, it said, two days after Chinese President Xi Jinping held talks with Prachanda in Hangzhou on the sidelines of the Asian Games being held in the eastern Chinese city.
Prachanda, who politically distanced from the pro-China Communist Party of Nepal (Unified Marxist-Leninist) headed by KP Oli after becoming Prime Minister in December last year, made his maiden visit to China after visiting India and the US. Following the official bilateral talks, 12 agreements were signed between the two countries, the Nepalese embassy said.The two sides also signed a Memorandum of Understanding (MoU) on the establishment of a Joint Technical Working Group for the review and modification of the Nepal-China trade and payment agreement.