Nepali Prime Minister on Business Ties with China

Nepali Prime Minister KP Sharma Oli on Wednesday highlighted the importance of stronger business ties with China at the Nepal-China Business Forum in Beijing, calling for joint efforts of the business community from both sides to achieve mutual benefit.

Oli is in China for a four-day official visit, during which he met with Chinese President Xi Jinping and Premier Li Qiang on Tuesday.

On Wednesday afternoon, he delivered a keynote speech at the forum, in which he spoke highly of the close relationship between the two nations.

Oli also encouraged businesses from both countries to deepen cooperation. India, as Nepal’s largest trading partner, accounts for two-thirds of Nepal’s international trade, whereas China, as the second largest, now accounts for about 14 percent.

Nine agreements have been signed between China and Nepal, with some of them focusing on enhancing business ties.