Officials at the Prime Minister's Office (PMO) said that concerned government bodies from both sides have been working to give final touches to some key bilateral agreements likely to be signed during PM Oli's weeklong visit starting March 20.
While the prime minister's visit to India last month aimed at improving the bilateral relations with the southern neighbor that had soured during Madhes protest, his China trip would focus on clinching some important achievements, said an official at the PMO.
"The trade transit treaty to be signed between the two sides is in its final stage," said Gopal Khanal, foreign affairs expert to the prime minister.
Likewise, the memorandum of understanding on importing fuel from China signed during the visit of Deputy Prime Minister and Foreign Minister Kamal Thapa is likely to be turned into a bilateral agreement.
According to Khanal, talks for importing 30 percent of fuel from the northern neighbor are underway. China had also pledged to help in the construction of oil storage facility for the purpose.
After his visit in December, Thapa had said that a bilateral agreement on fuel trade with China was being worked out as per the government's policy of diversifying the country's fuel trade.
Similarly, the officials expect to sign a free trade agreement with China during the visit.
Nepal is also planning to seek China's support in developing some mega hydroelectric and other infrastructure projects.
Khanal said the agenda items for PM Oli's visit were being worked out as per the understanding reached between the two sides during Thapa's visit.
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