Sino-Bhutan Bilateral Relations The geostrategic location of Bhutan has given it political importance in the Himalayan region. The country shares around a 470 km border with China. Traditionally, the direct relations between Bhutan and China remained minimal in the past. The two countries interacted through Tibet. For that reason, the Tibetan factor is critically important […]
China and Nepal, under the banner of BRI, have asserted to promote bilateral cooperation in the field of literature, arts and culture. The Nepal Academy and the China Federation of Literary and Art Circles agreed to strengthen cooperation in art, culture, and people-to-people contacts. They aimed to promote art, literature, culture and language in each […]
It is reported that the China Foundation for Poverty Alleviation (CFPA) has spent around USD 6 million in Nepal following horrific earthquake in April 2015. In addition to emergency rescue and helping in post-disaster recovery, the CFPA has focused on community development, transitional resettlement and prevention of the COVID-19 in Nepal. Nearly 880,000 Nepalese were […]
DDamak Clean Industrial Park will come up at Damak, Gaurahadaha, and Kamal local levels, covering about 902.928 hectares. It is noted that China will bear the building cost of the project and would hand it over to Nepal after 40 years. However, locals have protested against the lack of transparency and land occupation without any compensation. […]
Nepal and China have planned to set an industrial park in Chitwan, a southern district in central Nepal, to stimulate the industrialization in region. it is noted that with that completion of industrial park would attract other foreign investors in establishing similar parks. Source http://www.china.org.cn/world/2019-09/08/content_75184294.htm https://nepalnewsgazette.com/nepal-china-to-establish-industrial-park-in-chitwan/
China and Nepal agreed to expand industrial cooperation by establishing the SEZ or friendship industrial parks. The first of its kind bilateral friendship industrial zone is se t to be established in Jhapa. It will include electric vehicles, textile, garments and food processing industries among others. It will be built on 2,100 bighas (337.17 hectares) […]
China, under the BRI, opened its first rail-road combined transport service to Nepal in 2016. It aimed to promote the rapid growth of related industries in China and south Asian region. The combined transportation services, halted due to unknown reasons, has been resumed in 2020. Since 2016, so far, over 380 freight trains have been […]
In order to promote Sino-nepal bilateral trade at border point, the government of Nepal has planned to develop an Inland Clearance Depot (ICD) at Korala pass area of the Nepal-China border point in western Mustang district. ICDs, known as dry ports, play a significant role to expedite trade by helping in speedy customs clearance and […]
In December 2018, the Kathmandu Metropolitan City signed an agreement with China Railway Construction Corporation (CRCC) to conduct the detail project report of the proposed Kathmandu monorail project along the 27-km ring road. The project is expected to be completed within 3 years at estimated cost of Rs116 billion. However, the implementation of monorail project […]
Kathmandu ring road renovation aimed to ease traffic congestion in city which is home to over 3 million people. KRRIP, initiated in 2013, was set to be completed in 2017 but delayed due to shortage of construction material, earthquake and Indian trade embargo in 2015. Shanghai Construction Group Co Ltd, a Chinese contractor, resumed work […]