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Nepal, China sign 14 different agreements

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BEIJING — Nepal and China have signed 14 different agreements including on railway construction in Nepal based on the trade and transit agreement held between Nepal and China three years ago.

A Memorandum of Understanding (MoU) on Cooperation in Railway Projects was also signed on Thursday following the delegation level talks between visiting Prime Minister KP Sharma Oli Chinese Premier of the State Council of the People’s Republic of China Li Keqiang at the Great Hall of the People in Beijing.

the MoU signed by the two countries on Cooperation for Railway Connectivity paves the way for extending Chinese railway network that is expected arrive in Kerung this year up to Kathmandu via Rasuwagadhi, according to the Embassy of Nepal in Beijing.

Minister for Physical Infrastructure and Transport Raghubir Mahaseth and his Chinese counterpart Li Xiaopeng signed the MoU.

Similarly, Mahaseth and Li signed a protocol concerning the utilization of highways in Tibet Autonomous Region of China by Nepal for cargo transport.

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A MoU on investment and cooperation on production capacity between the National Development and Reforms Commission of China and National Planning Commission of Nepal was also signed on the occasion.

Finance Secretary Rajan Khanal and Vice Chairman of National Development and Reform Commission of China Zhang Yong signed the MoU.

Similarly, MoU between the two countries was signed on the establishment of a mechanism for facilitation on the implementation of China-Nepal Cooperation Programmes and Projects in Nepal.

Likewise, an agreement between the two governments was signed on the reconstruction of the Friendship Bridge in Tatopani of Sindhupalchowk and Rasuwagadhi of Rasuwa.

Secretary at the Ministry of Foreign Affairs Shanker Das Bairagi and Vice Minister of Ministry of Foreign Affairs of China Kong Xuanyou signed the papers to the issues.

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Massive fire guts property worth millions in Itahari

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ITAHARI- Goods, raw materials and equipments worth over Rs 20 million were gutted when a fire broke out at the Laxmi Foam Industry at Khanar of Itahari Sub-metropolitan City-10 in Sunsari district this morning.

It is said the fire suddenly broke out from the warehouse area of the industry where the ready-made goods are stored. Police have speculated that the fire started at 4 am when the industry had already closed and there were no workers inside.

The industry is owned by Bhanu Tibadewala. According the Shankar Thakur, the manager at the industry, the raw materials of doormat and important machinery at the industry have also been damaged in the inferno.

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Nepal Army, the Armed Police Force and the Nepal Police personnel as well as the Itahari fire brigade made attempts to douse the fire after some time it started.

Fire trucks from Dharan, Inaruwa, Biratnagar, Duhabi and Sundarharaincha were immediately called into service thereby bringing the huge inferno under control and preventing further damage, said Shiva Kumar Shrestha, Deputy Superintendent of Police at the Area Police Office Itahari.

He said the cause of the fire is not yet ascertained and the extent of damage is being assessed.

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