Sunday, December 11, 2011

Proposal from China for 4 Ports When India Delays

There are news in media that China has proposed to upgrade the ports in the border areas of two countries (Nepal & China). The agreement is about to be signed in the near future. This news has come out just after the Indian Envoy to Nepal Jayant Prasad’s words in the capital city Kathmandu about the Indian investment of almost $ 15 billion worth of in Nepal’s hydro sector. I am sketching this context to observe the competition between two giant economies in Nepal’s neighbor for something but economic advancement.

In the last week of November, Indian scholar S. D. Muni was in Kathmandu and he was sounding a bit aggressive when journalists questioned about what would be the Indian reaction if there was a huge amount of Chinese investment in Nepal. The preparation for signing the agreement to upgrade the ports in the border area of Nepal should be a lesson to India. The most important thing here is that Nepal has been suffering due to the congestion in the Kolkata and Haldia ports. Nepal has been constantly requesting for the facility of Bhisakhapatnam port since last more than a decade.

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