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  • BIMSTEC Summit concludes issuing 18 point Kathmandu Declaration

    Kathmandu, August 31 The fourth summit of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation has concluded in Kathmandu on Friday. The summit issued an 18 point Kathmandu Declaration with a promise to promote cooperation among the member states–Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand–in various areas. The countries also signed a memorandum of understanding for grid interconnection. Meanwhile, Nepal’s Prime Minister KP Sharma Oli handed over the chairpersonship of the regional body to Sri...

    BIMSTEC leaders to pay courtesy calls on President, PM before summit inaugural

    Kathmandu, August 30 Chiefs of delegation from all six member states of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation have landed in Kathmandu. On Thursday, prime ministers of India, Bangladesh and Thailand–respectively, Narendra Modi, Sheikh Hasina Wazed and Prayut Chan-o-Cha arrived in the capital. Leaders of Bhutan, Sri Lanka and Myanmar are already in Nepal since yesterday. Meanwhile, they are scheduled to pay courtesy calls on President Bidya Devi Bhandari and Prime Minister KP Sharma Oli...

    Nepal’s tourism income rivals its earning from exports

    Kathmandu, Aug 29: Nepal’s earning from tourism sector climbed to 643 million U.S. dollars in the last fiscal year 2017-18 which concluded in mid-July, as it rivals the Himalayan country’s earning from export, Nepal’s central bank said. The earning from the tourism sector is close to the income that Nepal makes from exports which stood at 721 million U.S. dollars, according to Nepal Rastra Bank (NRB), the central bank of the country. According to the annual report on the...

    Minister Gyawali says it’s time to translate words into action

    Kathmandu, August 29 Nepal’s Minister for Foreign Affairs Pradeep Gyawali says it is now time leaders of the Bay of Bengal region to translate past commitments into action. Minister Gyawali, who was addressing a meeting of foreign ministers of the BIMSTEC region in Kathmandu, said that the regional grouping must focus on trade and transit. The minister, who chaired the meeting, presented Nepal’s vision for the region in the context of partnership in building a sustainable transportation and energy...

    Chinese officials in Kathmandu to discuss West Seti

    Kathmandu,Aug 28;Representatives of Three Gorges International Corporation have come to Kathmandu on Monday to discuss the stuck West Seti Hydropower Project with Nepal’s Investment Board. The Board had signed an agreement with the company to build the project, but the Chinese company has raised some serious concerns delaying the ambitious project.

    CRJ 200 aircraft to bring for Dashain

    Kathmandu, Aug 27: Saurya Airlines is bringing in a new aircraft in time for Dashain. Having stopped operation due to financial issues for a month, the airline is planning to bring in a new aircraft on an investment of 1 billion rupees, informed Market Chief Mukesh Khanal. Khanal informed that the airline is planning to purchase a 70-seat Bombardier CRJ 200 aircraft. Saurya Airlines will have 3 aircraft of the same model after the purchase. It is currently conducting...

    Odd-even rationing for Kathmandu traffic management during BIMSTEC summit

    Kathmandu, August 26 Traffic police in Kathmandu have decided to impose the odd-even rationing system for traffic management of the city on Wednesday, Thursday and Friday this week. Accordingly, vehicles with odd number plates can ply roads of the Valley on Wednesday and Friday because these are odd dates as per the Nepali calendar. Only even numbered vehicles will operate on Thursday. The decision was made to avert possible traffic congestion in the city as Kathmandu is hosting the...

    We need your support, invest here: Dahal tells US Assistant Secretary of State

    Nepal Communist Party Chairman Pushpa Kamal Dahal during a meeting with US Assistant Secretary of State for South and Central Asian Affairs, Alice G Wells, at his residence in Khumaltar of Lalitpur, on Sunday, August 26, 2018. Kathmandu, August 26 Ruling Nepal Communist Party Chairman Pushpa Kamal Dahal has requested the United States to increase investment in Nepal, assuring that the government will ensure security of the investment. Receiving the US Assistant Secretary of State for South and Central...

    Nepal, India likely to ink Kathmandu-Raxaul railway deal next week

    Kathmandu, August 22 Nepal and India are likely to ink an agreement to establish rail links between Kathmandu and Raxaul, officials say. The agreement, if things go according to plan, will be signed on the sidelines of the BIMSTEC Summit in Kathmandu next week. Although the Prime Ministers of the two countries have agreed in principle to construct the railway line, a formal agreement has not been signed between the two countries. According to sources, the Railway Department prepared...

    Free wifi in domestic terminal

    Kathmandu, Aug 22: Tribhuvan International Airport has started offering free wifi in its domestic terminal. Airport Director General, Raj Kumar Chettri, said that the service has been provided with the aim of allowing better information access to passengers. The Minister of Culture, Tourism, and Civil Aviation, Rabindra Adhikari, had declared a plan to offer free wifi in all the airports of the country, according to which TIA started offering the service in its domestic germinal. The Tribhuvan Airport management...

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