Proposal on Purchasing Petrolium products from Chaina sent to foreign Ministry

Posted on: July 04, 2016 | views: 273

The Ministry of Commerce has sent a proposal regarding forwarding the process of purchasing petroleum products as per the bilateral agreement signed between Nepal and China to the Ministry of Foreign Affairs.

An agreement regarding importing petroleum products to Nepal from China and constructing depots at three places was signed during Prime Minister KP Sharma Oli's visit to China in April.

During today's meeting of the Industry, Commerce and Consumer Welfare Committee under the Legislature-Parliament, Commerce Minister Ganeshman Pun said that they have formed a taskforce and sent the report regarding importing petroleum products from China to the Foreign Ministry.

Minister Pun said that a discussion would be held through diplomatic channel as issues related to tax and transport are still unclear in the report. The government has made a plan to import 33 per cent of total demand of the petroleum products from China.

The Committee held discussion after calling the minister, secretary, chiefs of concerned bodies, industrialists and consumer activists regarding status of implementation of previous directives given regarding making LP Gas supply systematic, quality of gas cylinders and welfare of users.