China Open Trade for Nepal


China has given Nepal the permission to use its ports to trade goods, which will potentially terminate India's control over Nepal’s trading routes, as well as give Nepalese traders access to land routes and ports in China, according to the Daily Mail.

Rabi Shankar Sainju, a Commerce Ministry Official in Nepal, said: “This is a historic agreement for Nepal, this cannot be an alternative to the Indian port but it is an additional route to boost our trade.                                         

“The routes and ports that Nepal, sandwiched between China and India can use would be decided by officials from Kathmandu and Beijing soon.”

In a previous PTI report China’s ‘One Belt, One Road’ strategy, China Merchants Holding International (CMHI) had announced plans to invest in 10 overseas ports in regions that include Russia, West Africa and South East Asia.

Read: China Tough on Key Ocean Claim

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