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China allows Nepal access to its ports

China allows Nepal access to its ports

ANIL GIRI, Sep 08 Kathmandu
Two years after signing the Transit and Transportation Agreement, Nepal and China have agreed on the text of the protocol to the agreement that would allow Nepali traders and businessmen to use Chinese sea and land ports for third country trade.With this agreement, Nepal’s long dependence on India for third-country trading has ended, allowing Nepal to trade from the Chinese sea and land ports once the deal goes into effect. Prime Minister K P Oli had signed the Transit and Transportation Agreement with China in March 2016, following months-long Indian blockade at the southern border.
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