Tuesday, November 17, 2015

Plans to sign petro supply agreement with China in limbo

Posted by Anup Baral November 17, 2015 :
China is considering extending a railway line linking the country to Nepal via a tunnel under Mount Everest, according to Chinese state media. The proposal is the latest in a series of ambitious rail schemes Beijing is reportedly examining. It comes amid scepticism about whether some of the projects will ever get off the ground and at a time of a growing Chinese presence in Nepal, which has caused some concern in rival regional power India. The Qinghai-Tibet railway already links the rest of China with the Tibetan capital, Lhasa, and beyond, and an extension running as far as the international border is already being planned “at Nepal’s request”, the China Daily quoted a railway expert at the Chinese Academy of Engineering as saying.

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