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Nepal, China agree to trade fuel on long term basis

Gorkha Post



KATHMANDU — Nepal and China on Friday agreed to have a long term trade petroleum products, including cooking gas, petrol and diesel, and enhance trans-Himalayan network to help two-sided trade.

An accord to this effect was reached during a meeting between Deputy Prime Minister and Minister for Foreign Affairs Kamal Thapa and his Chinese Foreign Minister Wang Yi in Beijing on Friday. DPM and Foreign Minister Thapa is on a week long visit (Dec 24-29) to China.

The two sides sealed an eight-point deal during a bilateral meeting of Deputy PM and Foreign Minister Kamal Thapa and his Chinese counterpart Wang Yi in Beijing on Friday afternoon.

After Nepal proposed to import fuel from the northern neighbor, Chinese side expressed its readiness to jointly examine pricing, transportation and logistics for the same.

“China has advised the respective companies of the two countries to jointly examine the matters relating to price, transportation and other logistics,” the Ministry of Foreign Affairs said in a statement.

The statement stated that China has expressed its willingness to seriously examine Nepal’s proposals for the import of petroleum products from China and has advised the respective companies of the two countries to jointly examine the matters relating to price, transportation and other logistics.

Earlier in the day, Finance Secretary Lok Darshan Regmi and Zhang Xiangchen, Vice Minister of Commerce of China, signed the Agreement on Economic and Technical Cooperation.

Chinese Foreign Minister Wang told reporters that Beijing was assessing how it could support Nepal in addressing its energy needs.

He said China had a strong desire to see a peaceful, stable and prosperous Nepal and assured Thapa of support for Nepal’s development endeavors.
According to MoFA, the two countries also agreed to upgrade and make operational existing border points and develop other crossing points to promote connectivity.

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China would make available 900 million RMB (approx Rs 14.75 billion) as grant assistance for the implementation of the projects of repair and maintenance of Araniko Highway and other projects of interconnection and interworking. This assistance was announced by the Chinese President during his meeting with his Nepalese counterpart in March 2015 in Boao, Hainan.

During the bilateral meeting, Chinese side invited Prime Minister KP Sharma Oli to visit China at an early date and expressed likelihood of a high-level visit from China to Nepal in 2016.

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PM Oli expands cabinet, 15 new ministers inducted

Gorkha Post



15 new ministers inducted. RSS photo

KATHMANDU — Prime Minister KP Sharma Oli has has expanded the Cabinet inducting 15 new ministers from his party CPN-UML and CPN (Maoist Centre), increasing the size of his Cabinet to 22 on Friday.With this, the cabinet led by PM Oli has been extended to 21 members.

Six lawmakers from CPN-UML and five from CPN Maoist Centre lawmakers have been inducted as Ministers to the Cabinet. Likewise, three lawmakers are included as Minister of State.

The newly appointed ministers and state ministers were administered the oath of office at President’s office in Sheetal Niwas, by President Bidya Devi Bhandari at Sheetal Niwas amid an official function.

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The newly ministers are as follows :


Gokarna Bista – Minister for Labour and Employment
Pradeep Kumar Gyawali – Minister for Foreign Affairs
Rabindra Adhikari – Minister for Tourism and Civil Aviation
Jagat Bishwakarma – Minister for Youth and Sports
Sher Bahadur Tamang – Minister for Law
Raghubir Mahaseth – Minister for Physical Infrastructure Planning and Development
Gokul Baskota – State Minister for Information and Communication
Padma Kumari Aryal -State Minister for Health and Polulation

CPN Maoist Centre

Barsha Man Pun -Minister for Energy and Water Resources
Giriraj Mani Pokharel – Minister for Education
Shakti Basnet – Minister of Forestry
Chakrapani Khanal – Minister for Agriculture and Cooperatives
Bina Magar – Minister for Drinking Water
Ram Kumari Chaudhary – State Minister for Agriculture and Cooperatives

PM Oli, earlier in the second expansion of his Cabinet,   had appointed CPN (Maoist Centre)’s Ram Bahadur Thapa as Minister for Home Affairs, CPN (Maoist Centre)’s Matrika Yadav as Minister for Industry, Commerce and Supplies, former governor Yabaraj Khatiwada as Minister for Finance, and CPN-UML’s Ishwor Pokharel as Defence Minister.

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