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Full text: Joint Statement between the People's Republic of China and Nepal (2)

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E-mail Xinhua, March 23, 2016

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Both sides agreed to conclude a commercial deal on the supply of petroleum products from China to Nepal. In this context, they encouraged companies to speed up negotiations and concerned agencies to study providing supporting policies on issues of pricing, taxation, transportation, quality control and customs and frontier formalities. The Chinese side agreed to build oil storage facilities for Nepal,and will send experts to Nepal to carry out feasibility study on oil and gas resources research. The two sides agreed to establish a Dialogue Mechanism on Energy Cooperation to facilitate the long term planning of cooperation in this area, including trans-border power grid, hydro-power and solar power, etc. The Nepalese side agreed to take necessary steps to facilitate Chinese enterprises and their investment in Nepal.

9. The two sides agreed to strengthen cooperation between the law enforcement agencies of the two countries through exchange of information, capacity building and training in this field. Both sides agreed to negotiate Treaty on Mutual Legal Assistance in Criminal Matters and Treaty on Extradition, in order to strengthen cooperation on the administration of border areas and fight against illegal border crossing and transnational crimes.

10. The Chinese side welcomed the decision of the Government of Nepal to establish Consulate General of Nepal in Guangzhou, and also agreed to earnestly study Nepal's proposal of establishing the Consulate General of Nepal in Chengdu. The agreements on the establishment of sister-city relationships between Yushu-Pokhra, Shannan-Bhaktapur and Chengdu-Kathamandu were welcomed by both sides. The Chinese side encourages the Tibet Autonomous Region as well as Sichuan, Yunnan, Qinghai and other provinces to enhance cooperation as defined by the Government of Nepal.

11. Both sides agreed to support each other's tourism promotion activities in their respective countries to enhance people-to-people contacts. To support the recovery of tourism in Nepal, the Chinese side is willing to provide Chinese language training in Nepal for 200 Nepalese tourism professionals in the coming five years, and encourage Chinese enterprises to invest in Nepal's tourism facilities. The Chinese side is willing to provide around 400 training opportunities in human resources development and more government scholarships this year to the Nepalese side and welcome more Nepalese students to pursue higher education in China through other channels or programs. The Chinese side will hold the Seventh China Festival and Second Kathmandu Cultural Forum within this year, and further enhance China-Nepal cultural cooperation through the platform of Chinese Culture Center in Nepal. The Nepalese side is willing to provide necessary facilities and assistance in this regard.

12. The two sides agreed to further promote cooperation in multilateral forums including in the United Nations on issues of mutual interests. They believed that cooperation among the developing countries on climate change, energy, food security, etc. will enhance and consolidate their solidarity and promote their collective strength in shaping global development agenda. The two sides positively view and support each other's participation in the regional cooperation process, and agreed to enhance coordination and cooperation within SCO, SAARC and other regional cooperation mechanisms within the agreed frameworks and guidelines.

13. The Chinese side agreed to provide financial support on preferential terms for Pokhara Regional International Airport. The Nepalese side requested the Chinese side to provide assistance for the preparation of Detailed Project Report (DPR) and construction of a dedicated two lanes Kimathanka-Khandbari-Dhankuta Road and upgrade Kathmandu Ring Road 2nd Phase, to provide financial and technical support for the feasibility study and the preparation of DPR of the proposed Rashuwagadi-Kathmandu and Kathmandu-Pokhara-Lumbini Railway Project, to take up 434 MW Arun-Kimathanka Hydro Power Project and 400 KV Cross-Border Transmission Lines project at Rashuwagadi-Kerung border point and construct 132KV double circuit Transmission Lines Monopole Structure around Kathmandu Ring Road. The Nepalese side also hoped that the Chinese side could provide assistance for the establishment of the Madan Bhandari Institute of Technology (MBIT) in Nepal and expansion of the Civil Service Hospital. The Nepalese side requested that these projects be taken up as priority ones and funding arrangements will be sought from various sources, and the Chinese side is willing to study earnestly after the Nepalese side's providing of Detailed Project Proposals of above-mentioned projects.

14. In order to facilitate trade, tourism and investment between the two countries, the Chinese side supports Chinese-funded banks to open branches in Nepal in accordance with relevant policies and regulations. In this context, the Nepalese side is expected to provide policy and regulation facilities for Chinese funded banks to enter into Nepalese market.

15. Prime Minister Oli expressed his appreciation for the warm and friendly hospitality extended by the Chinese side, and extended invitation to the Chinese leaders to visit Nepal within this year. The Chinese leaders expressed thanks for the invitation and agreed to visit Nepal at mutually convenient dates which will be worked out through the diplomatic channels.

During the visit, the two sides signed agreements covering areas of free trade, transit transport, connectivity, financial cooperation, etc.

Beijing, March 23, 2016 Endit