Nabil Bank is struggling to get a counter-guarantee amount from a Chinese bank, causing a delay in releasing the bank guarantee amount equivalent to $7.44 million (Rs991 million) to Trishuli Jal Vidyut Company. After deciding to terminate the contract with Shuifa ANHE Group, the contractor hired to develop the 37MW Upper Trishuli 3B Hydropower Project,...
Nepal is one country that has made the best of China’s Belt and Road Initiative (BRI). While having signed onto the BRI, Nepal took the stance that it did not have the funds to execute projects but was unwilling to borrow money from China. The negotiating stance that Kathmandu took time and, after six years...
The task of blacktopping in the eastern section of the Narayangarh-Butwal road stretch along the East-West Highway has gained momentum. Blacktopping has been completed in 18.5 kilometers out of the total 65 kilometers from Gaidnakot to Daunne in the eastern section.According to the contract manager of the China State Construction Engineering Corporation Limited, Rakesh Jha,...
सोमवार राति अबेर जारी गरिएको नेपाल-चीन संयुक्त वक्तव्यमा थोरै नयाँ र धेरै पुराना विषयवस्तुहरू समेटिएका छन्। कूटनीतिक मामिलामा संयुक्त वक्तव्य भनेको त्यस्तो दस्तबेज हो जसमा दुवै देशको चित्त बुझेको हुन्छ र दुवै प्रतिबद्ध भएका हुन्छन्। त्यसैले शब्दशब्दमा छलफल गरेर त्यसो टुङ्गो लगाइन्छ। ताइवान मामिलाबारे नेपालको स्पष्ट अडान, चीनले अघि सार्दै आएको ग्लोबल डेभलप्मन्ट इनिशटिभको मित्रसमूहमा...
Why does Nepal struggle to do business with its northern neighbor? KATHMANDU, Sept 23: Nepal has not been able to benefit from trade with its northern neighbor China, which has the second largest economy in the world. Since China does not prioritize trade with Nepal, the trade deficit with China is deepening. Politically, even though...
पचासको दशकदेखि नेपालले प्रत्यक्ष विदेशी लगानी (एफडीआई) भित्र्याउन थालेको हो । तर सुरुदेखि नै नेपालमा प्रतिबद्धताअनुसार विदेशी लगानी आउने गरेको छैन । चालु आर्थिक वर्षको पाँच महिनाकै उदाहरण लिने हो भने पनि, १९९ उद्योगमा २० अर्ब ६१ करोड ५ लाख ७८ हजार प्रत्यक्ष विदेशी लगानी प्रतिबद्धता आएको उद्योग विभागको तथ्यांक छ । साढे तीन खर्ब प्रतिबद्धता, सवा खर्ब...
The report underscores the nuances of Nepal-China relations, including economic dependencies, diplomatic engagements, and geopolitical considerations, reflecting the evolving dynamics and challenges between the two nations. Prime Minister’s Visit and BRI Projects: Prime Minister’s prioritization of relations with India over China led to the transfer of BRI hydroelectricity projects, Tamor and Phukot-Karnali, to an Indian...
आइतबार चीनमा नेपाल उद्योग परिसंघ (सीएनआई) र चाइना काउन्सिल फर प्रमोशन अफ इन्टरन्याशनल ट्रेड (सीसीपीआईटी) बीच यस सम्बन्धी समझदारी भएको छ। समझदारीपत्रमा सीएनआईका अध्यक्ष राजेशकुमार अग्रवाल र सीसीपीआईटीका उपाध्यक्ष चाङ साओगाङले हस्ताक्षर गरेका छन्। प्रधानमन्त्री पुष्पकमल दाहालको चीन भ्रमणका अवसरमा सीएनआई र सीसीपीआईटीबीच समझदारी भएको हो। समझदारीसँगै नेपाल चाइना बिजनेस काउन्सिल मार्फत द्विपक्षीय आर्थिक सहयोग अभिवृद्धि...
बहुचर्चित काठमाडौं–केरुङ अन्तरदेशीय रेलमार्गको बारेमा चीन र नेपालबीच छलफल सुरु भएको छ । रेल परियोजनाबारे वार्ताका लागि भौतिक पूर्वाधार तथा यातायात मन्त्रालयका सचिव केशवकुमार शर्मा र रेल विभागका महानिर्देशक रोहितकुमार बिसुरालसहितको टोली चीनमा छ । चीनले विस्तृत सम्भाव्यता अध्ययनको काम गरिरहको बेला परियोजनाको अध्ययनमा भएको प्रगति तथा परियोजनाबारे समीक्षा गर्न चीन–नेपालको सचिवस्तरीय रेल्वे संयन्त्रको बैठक...
There is a long way to go before the construction of the proposed Nepal-China cross-border transmission line begins, even though the two countries have agreed to build one through Rasuwagadhi-Kerung border point, a senior official of the Nepal Electricity Authority said. During Prime Minister Pushpa Kamal Dahal’s ongoing visit to the northern neighbour, the two...