- Nepal’s fuel deal with China collapses, as India border blockade worsens
- Communist Maoists block all India vehicles from entering Nepal
- Many lose jobs in Bihar, India’s border, as well as Nepal
Nepal’s fuel deal with China collapses, as India border blockade worsens
Graffiti in Kathmandu reads ‘Let’s protest against the Indian blockade’ in Nepali (Reuters)
On October 28, China and India signed a memorandum of understanding that China would provide fuel to Nepal to compensate for the blockade, effective ending India’s monopoly over fuel supplies to Nepal.
However, the deal may be collapsing because the committee charged with implementing the deal, the Nepal Oil Corporation (NOC), are apparently so buried in bureaucracy that they cannot make any progress. According to an anonymous bureaucrat:
In the last two months of the crisis, only three meetings of the NOC board, chaired by commerce secretary, were held and they were focused on monitoring and distribution of petroleum products rather than on expediting the business-to-business (B2B) deal with PetroChina.
No comments:
Post a Comment