Nepal and China today signed three pacts to further boost their ties in power and energy sectors. The pacts were signed to undertake a feasibility study to excavate natural gas and petroleum in the Himalayan country, including in the southern Terai plains.<br/>'<br/>Both the countries signed the deals after visiting Chinese vice premier Wang Yang held discussions with Nepal's deputy prime ministers Bijaya Kumar Gachhadar and Krishna Bahadur Mahara.<br/>'<br/>According to Nepal's foreign ministry, the agreements signed today cover economic and technological cooperation, oil and gas resources exploration, and promotion of investment.<br/>'<br/>China's vice premier Yang arrived in Kathmandu yesterday from Pakistan after attending the country's Independence Day celebrations as a special guest.<br/>
News On AIR | August 16, 2017 12:08 AM
Nepal, China sign three pacts to boost their ties