Prime Minister KP Sharma Oli, who is presently on a four-day official visit to China since Monday, has said Nepal is interested in welcoming investments from China. In his address to a reception organised by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and China Council for the Promotion of International Trade here […]
Read MoreThe Ministry of Industry and Commerce has announced the convening of a joint meeting between 130 Afghan and Turkish companies from sectors including minerals, construction, medical, and pharmaceuticals. Akhundzada Abdul Salam Jawad, spokesperson for the ministry, stated that during the meeting, attended by the acting minister of Industry and Commerce, topics such as increasing trade […]
Read MoreNepal and China have officially signed the BRI Cooperation Framework during Prime Minister KP Sharma Oli’s visit to China. This development formally further advances Nepal’s involvement in the Belt and Road Initiative (BRI), a programme China proposed and Nepal initially signed in 2017. The signing was delayed on Tuesday due to disagreements over terminology to […]
Read MoreKazakhstan’s Samruk Kazyna Sovereign Wealth Fund and China’s SANY Renewable Energy (RE) laid the foundation for the construction of a $114 million plant to produce wind turbine components on Nov. 29 in the Zhambyl Region, reported SANY’s press service. Kazakhstan and China Cooperate to Build $114 Million Wind Turbine Component Plant in the Zhambyl Region. […]
Read MoreSri Lanka has opened an investigation into the local investments of India’s Adani Group in the wake of US bribery charges against its tycoon founder, government spokesman Nalinda Jayatissa said Tuesday. Jayatissa, speaking at the first cabinet briefing of President Anura Kumara Dissanayake’s new government, said both the finance and foreign ministries had been asked […]
Read MoreChina’s state media shrugged off US President-elect Donald Trump’s pledge to slap additional tariffs on Chinese goods in editorials late on Tuesday, accusing the former president of blaming China for the country’s failure to address the fentanyl crisis. Trump, who takes office on Jan. 20, said on Monday he would impose “an additional 10% tariff, […]
Read MoreUzbekistan’s state media has reported the country’s foreign trade volume, stating that in the first ten months of the current calendar year, Uzbekistan conducted trade with Afghanistan worth nearly $900 million. According to the report, Russia, China, Kazakhstan, Turkey, Afghanistan, France, and Kyrgyzstan were Uzbekistan’s key export partners during this period. During the mentioned timeframe, […]
Read MoreNepal is preparing to take up some key cross-border infrastructure and connectivity projects, including joint projects under the Belt and Road Initiative, during Prime Minister KP Sharma Oli’s official visit to China starting December 2. At the invitation of Chinese Premier Li Qiang, Prime Minister Oli is visiting the northern neigbour. The two sides have […]
Read MoreThe central banks of Maldives and India, Maldives Monetary Authority (MMA) and Reserve Bank of Maldives (RBI) have signed a Memorandum of Understanding (MoU) to establish a framework promoting the use of respective local currency in bilateral transactions. The MoU was signed in India’s Mumbai on Friday by MMA’s Governor Ahmed Munawar and RBI’s Governor […]
Read MoreBangladesh is likely to see a boost in foreign investment as Chinese businesses plan to relocate here to avoid high export tariffs from the US after the Trump administration takes office in January next year. “I think the Trump administration is going to raise substantial tariffs on Chinese goods,” said Calvin Nyan, newly re-elected president […]
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