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Nepal and China have signed the Belt and Road Initiative (BRI) Cooperation Framework. The agreement was signed today in Beijing.

Acting Foreign Secretary Amrit Bahadur Rai and China's National Development and Reform Commission's Deputy Head Liu Sushe signed the document on behalf of their respective sides.

The signing ceremony took place on the third day of Prime Minister KP Sharma Oli's four-day official visit to the People's Republic of China at the invitation of his Chinese counterpart Li Qiang.

Visiting Prime Minister KP Sharma Oli has said that Nepal would reap benefits from the Belt and Road Initiative (BRI).

In his address to a program held at Peking University, PM Oli expressed the belief that China has strongly supported Nepal's development and the BRI project initiated under the visionary leadership of President Xi Jinping would further deepen bilateral relations between the two countries.

On the occasion of the 70th anniversary of the establishment of diplomatic relations between Nepal and China in 2025, PM Oli said that high-level visits would be exchanged between the two countries to add a new dimension to the bilateral relations.

The Prime Minister further said that an old university like Peking could also contribute to the educational development of Nepal.

PM Oli was welcomed by University Chair Prof Gong Qihuang. Other members of the prime minister-led delegation were also present on the occasion.

Prime Minister Oli is also scheduled to address the Nepal China Business Forum today itself.

President Ram Chandra Paudel has been admitted to Tribhuvan University Teaching Hospital (TUTH) for prostate treatment.

Acting Executive Director of the hospital, Prof Dr Ghanashyam Gurung informed that the President was admitted for treatment this morning.

Prime Minister KP Sharma Oli, who is currently on an official visit to China, is scheduled to deliver a speech on 'various dimensions of Nepal-China relations' at Peking University on Wednesday.

According to the Ministry of Foreign Affairs, PM Oli will also address the Nepal-China Business Forum, jointly organized by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and the China Council for the Promotion of International Trade, today.

Prime Minister Oli paid a courtesy call on Chinese President Xi Jinping on Tuesday. On the same day, he held separate meetings with his counterpart Li Qiang and Chairman of the People's Congress of China Zhao Leji.

A Memorandum of Understanding (MoU) on mutual cooperation in nine areas was signed after talks between the delegations led by the two prime ministers at the Great Hall of the People.