The decision to sign the agreement comes ahead the One Belt One Road (OBOR) forum in Beijing on May 14 and 15. “This agreement will bring Nepal and China closer through road connectivity and bring home the Chinese investment,” Mahat said. The agreement was important for Nepal in terms of expansion of road connectivity and construction of railways, he said. Nepal signing the deal with China may cause concerns in India, which has opposed Beijing’s initiative. India, which has traditionally enjoyed great economic and political ties with Nepal, has faced increasing competition from China in recent years.

Source: Indian Express May 12, 2017 13:18 UTC