RIO DE JANEIRO, July 6: BRICS leaders meeting in Rio de Janeiro on Sunday are expected to decry US President Donald Trump’s “indiscriminate” trade tariffs, saying they are illegal and risk hurting the global economy. Emerging nations, which represent about half the world’s population and 40 percent of global economic output, have united over “serious...
Category: Geopolitics News
PM Oli Vows to Develop Karnali Corridor as Trade Route with China and India
Prime Minister KP Sharma Oli has announced that the Karnali Corridor will be developed as a trade route connecting Nepal with both China and India. Speaking at the inauguration of a bailey bridge over the Chuwakhola River in Kharpunath Rural Municipality, Humla, on Sunday, the Prime Minister emphasized that the corridor holds strategic importance not...
Minister Khadka Calls for Cross-Border Coordination with China to Mitigate Flood Risks
In the aftermath of the devastating flash flood in Rasuwa district, which borders China, Minister for Energy, Water Resources and Irrigation, Dipak Khadka, emphasized the urgent need for stronger coordination with the Chinese government to mitigate future disaster impacts.”Many rivers originate in China and flow into Nepal. Coordination and collaboration with our northern neighbor is...
Nepal’s trade and investment promotion event held in Chengdu
KATHMANDU, July 12: The Consulate General of Nepal in China’s Chengdu organized “Trade and Investment Promotion Dialogue’ in Chengdu on Thursday. The event saw the presence of Li Huaiqiang, Deputy Director General of Sichuan Foreign Affairs Office, Wu Ge, Deputy Director General from Sichuan Provincial Department of Commerce, representatives from SASAC Sichuan, CCPIT Sichuan, and...
Upper house chair heading for China leading a large delegation
Chairman of the National Assembly Narayan Dahal is leading a large delegation to China in July to take part in an event entitled, “Beyond the Himalayas: Schedule for the Yushu International Nepal Trade Exchange Series on the 70th Anniversary of Diplomatic Relations Between China and Nepal.” The delegation is expected to have around 22 members...
With eyes on India, Koshi province steps into the health tourism spotlight
KATHMANDU, June 30: The second Health Tourism Mart–2025, organized by the Nepal Tourism Board (NTB), has highlighted Koshi Province’s strong potential to emerge as a center for health tourism. Held over two days at City Center, Birtamod in Jhapa, the event deepened collaboration between the health and tourism sectors, reinforcing confidence in developing Koshi as...
China visit fruitful: Minister Khadka
By A Staff Reporter,Kathmandu, July 2: Minister for Energy, Water Resources and Irrigation Dipak Khadka has said that his one-week official visit to China was fruitful. After returning to Nepal, Minister Khadka said that he participated in various important discussions and agreements with China and informed them about the development of Nepal’s energy sector and...
China, EU pledge to uphold multilateralism, enhance cooperation
Chinese Foreign Minister Wang Yi and European Council President Antonio Costa met Wednesday, pledging to uphold multilateralism and enhance China-EU cooperation. Costa emphasized the EU’s commitment to mutual respect and joint efforts with China to address global challenges. He reaffirmed the EU’s adherence to the one-China policy and support for a successful upcoming China-EU leaders’...
US clears MCC project continuation in Nepal
The United States government has granted a special exemption to allow the continuation of the Millennium Challenge Corporation (MCC) Compact in Nepal, permitting ongoing development projects to proceed despite a broader freeze on American foreign aid programs. Millennium Challenge Account-Nepal (MCA-Nepal), the agency responsible for implementing the compact, issued a statement on Wednesday confirming and...
MCC’s Nepal projects back on track after US greenlight
The Millennium Challenge Account-Nepal (MCA-Nepal) has welcomed the United States government’s decision to allow continued implementation of the MCC Nepal Compact under a previously granted exception to the recent freeze on foreign assistance. The decision clears the way for MCA-Nepal to proceed with its key infrastructure projects, including the construction of a 297-kilometre electricity transmission...