The Nepali side congratulated China on the successful conclusion of the 19th National Congress of the Communist Party of China (CPC) in 2017 as well as the annual sessions of the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC) in 2018. The Nepali side expressed its confidence that under the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, the Chinese people will realize the two centenary goals and build China a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious, and beautiful.
The Chinese side congratulated Nepal and her people on the historic and epoch-making political transformation and beginning of a new era of political stability and economic development. It expressed happiness over the successful holding of elections to three tiers of the federal setup and the formation of governments at all three levels. It also expressed confidence that the government under the leadership of Prime Minister K P Sharma Oli would be able to realize the goal of “Samriddha Nepal, Sukhi Nepali” (‘Prosperous Nepal, Happy Nepali’) and achieve political stability, social harmony and economic prosperity for the people of Nepal. The Chinese side expressed its full commitment to assist Nepal in realizing its development goals within its capacity.
Both sides agreed to reopen the Zhangmu/Khasa port at an early date; improve the operation of the Jilong/Keyrung port; ensure the sound operation of Araniko Highway; and carry out the repair,maintenance and improvement of Syaphrubesi-Rasuwagadhi Highway and push forward the construction of a bridge over Karnali river at Hilsa of Pulan/Yari port at an early date. To ensure the inter-connectivity and smooth running of the infrastructures above, the Nepali side will complete the disaster treatment around the Tatopani Port and along the Arniko Highway, maintain Kathmandu-Syaphrubesi Highway in operational condition.
Both sides expressed happiness over the signing of the MOU on Cooperation for Railway Connectivity. They underscored it as the most significant initiative in the history of bilateral cooperation and believed that it would herald a new era of cross-border connectivity between the two countries. Both sides agreed to make good use of the long-term communication mechanism on railway cooperation between government departments and promote railway cooperation. The Chinese side agreed to provide such support as in technology and personnel training.
The two sides agreed to encourage Chinese and Nepali airlines to launch/operate more direct flights between the two countries in accordance with provisions of the bilateral air service agreement between the two countries. Both sides will coordinate closely to speed up the construction of the Pokhara International Airport so that it would start operation at an early date.
The two sides expressed satisfaction over the successful commercial operation of China-Nepal cross-border optical fiber cable and agreed to further strengthen cooperation on information and communications for mutual benefit.
Both sides agreed to study through different ways on the possibility of building oil storage facilities in the sites identified by Nepal. The Chinese side will support the feasibility study on oil and gas resources research in Nepal. The two sides will continue cooperation in the reconstruction of heritages and schools and the Nepali side will positively study on how to fulfill such projects with localized method management.
The Nepali side requested the Chinese side to help construct cross-border transmission lines. Chinese enterprises are encouraged to study on the feasibility in this regard.
Underlying the importance of generating a win-win situation for both countries, the two sides will constructively engage in finalizing the joint feasibility study on China-Nepal Free Trade Agreement (FTA). The two sides will strengthen cooperation both at central and local levels to promote establishing cross-border economic cooperation zones as per the MOU signed between the two countries. The Chinese side agreed to complete the Post Disaster Recovery for Tatopani Frontier Inspection Station Project at Larcha and Frontier Inspection Station at Timure, Rasuwagadhi at an early date. The Nepali side will provide its full support and comprehensive cooperation to the construction of the two frontier inspection station projects. Both sides agreed to develop other dry ports at mutually agreed Nepal-China border points. China welcomed Nepal’s participation in the first China International Import Expo to be held in Shanghai in November later this year.
Both sides attached importance to the cooperation on transit transport in line with the Agreement on Transit Transport signed between the two countries in 2016. The competent authorities of the two sides will expedite negotiations on the Protocol for an early implementation of the Agreement.
The Chinese side would encourage local governments, Chinese enterprises and social groups to tap the potentials with the Nepali side on production capacity cooperation, building economic and trade cooperation zones and strengthening cooperation in areas that Nepal has resources and advantages, such as construction materials, water conservation and hydropower and organic agriculture and herbs.
In order to facilitate and promote trade, tourism and investment between the two countries, the Chinese side agreed to support the Chinese funded banks to open branches in Nepal in accordance with relevant policies and regulations. In this context, the Nepali side agreed to provide necessary policy and regulatory support for such banks to enter into Nepali markets.
The Chinese government will continue to provide assistance to Nepal’s economic and social development within its capacity and wishes to see that grant assistance to Nepal and mutually agreed projects for post-disaster reconstruction will be delivered on time. The Nepali side will provide full support and cooperation to the implementation of all China Aid projects as specified in the Exchange Letters. Both sides agreed to study on the possibility to establish the Madan Bhandari Institute of Science and Technology. Both sides agreed to negotiate the financing modalities of the projects on road connectivity, railway connectivity, hydropower and transmission lines, among others, proposed by Nepal.
The Chinese side will hold the 8th China Festival and the 3rd Kathmandu Cultural Forum in Nepal, and continue to encourage the Chinese Cultural Center and the Confucius Institute, to promote China-Nepal cultural exchanges and cooperation.
The Chinese side appreciated that two pairs of Ek Singhe Gaida (Unicorn Rhino) as gift from the Government and people of Nepal to the Government and people of China will symbolize a lasting and irreversible friendship.
21 June, 2018
Nepal Foreign Affairs
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