Chi­nese Vice Pre­mier Wang vis­its Nepal

People's Review - - FRONT PAGE - By Our Re­porter

Chi­nese Vice Pre­mier Wang Yang is now on a four-day Nepal visit. He ar­rived in Kath­mandu from Pak­istan Mon­day evening. His is the high­est level visit of Chi­nese lead­ers to Nepal in six years. Wang's visit that took place just a few days be­fore Prime Min­is­ter Sher Ba­hadur Deuba's pro­posed In­dia visit was looked with cu­rios­ity. Dur­ing his stay in Kath­mandu he met al­most all top lead­ers, in­clud­ing Pres­i­dent Bidya Bhan­dari, Prime Min­is­ter Deuba, Maoist-Cen­tre chair­man Pushpa Ka­mal Da­hal and CPN-UML chair K. P. Oli. Like­wise, three cru­cial agree­ments were signed be­tween Nepal and China dur­ing Wang's visit. The agree­ments in­cluded Agree­ment on Eco­nomic and Tech­ni­cal Co­op­er­a­tion, Frame­work Agree­ment on Pro­mo­tion of In­vest­ment and Eco­nomic Co­op­er­a­tion, and Let­ter of Ex­change for Oil and Gas Ex­plo­ration in Nepal. Like­wise, China agreed to pro­vide Rs 15 bil­lion for the re­con­struc­tion of in­fra­struc­ture dam­aged by the earth­quake of 2015. Ac­cord­ing to For­eign Min­istry, the amount would be spent to up­grade the Araniko High­way and to con­struct a bridge at Timure, Ra­suwa. Like­wise, China would pro­vide Rs 2.25 bil­lion for the ex­plo­ration of gas and oil in Nepal. Chi­nese au­thor­i­ties had ex­pressed their com­mit­ment to help Nepal ex­plore oil and gas in Nepal im­me­di­ately af­ter In­dia im­posed a block­ade in 2015. The two coun­tries also agreed to at­tract Chi­nese pri­vate in­vest­ment to Nepal and en­hance bi­lat­eral co­op­er­a­tion in the area of trade, tourism and in­fra­struc­ture de­vel­op­ment. On Tues­day Morn­ing, Chi­nese Vice Pre­mier Wang and Deputy Prime Min­is­ter and For­eign Min­is­ter Kr­ishna Ba­hadurMa­hara jointly in­au­gu­rated the Bas­an­ta­pur Dur­bar re­con­struc­tion project at a pro­gramme here. The Chi­nese gov­ern­ment will pro­vide fi­nan­cial and tech­ni­cal sup­port to re­build the his­toric palace. China has agreed to pro­vide Rs 150 mil­lion for the re­con­struc­tion of the Bas­an­ta­pur Palace of Kath­mandu and Nuwakot Dur­bar of Nuwakot. He also vis­ited the Na­tional Ayurveda Re­search and Train­ing Cen­tre Kir­tipur. The Cen­tre was built with Chi­nese as­sis­tance. Wang is re­turn­ing to Bei­jing to­day. China is sat­is­fied on Nepal's stance: Sources say that the Chi­nese lead­ers are happy from Nepal's neu­tral stance on the Doklam face­off be­tween In­dia and China. Nepal has stated that both the coun­tries should re­solve the Doklam dis­pute through peace­ful talks.

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