Nepal and China agree to expedite projects, boost border trade
Summary
Nepal and China have agreed to accelerate developmental projects and enhance border trade and infrastructure cooperation, including transport agreements, customs improvements, and tourism initiatives between Nepal and China's Tibet region.
Key Points
- Nepal and China agreed to expedite developmental projects and boost border trade and infrastructure cooperation.
- They discussed simplifying border passes, speeding up the Tokha-Chhahare Tunnel construction, and extending zero-tariff policies post-Nepal's LDC graduation.
- Both sides agreed to improve trade through a green channel, better inspections, lab testing, and data sharing to facilitate exports.
- Agreements included advancing projects like Kimanthangka road-bridge ICD, Jilong ICD, and promoting trans-border tourism and agricultural tech cooperation.
