• Saturday, April 27, 2024

Business

India woos new Nepali PM with aid promises

Nepal’s newly elected prime minister Pushpa Kamal Dahal, also known as Prachanda

By: Eastern Eye Staff

INDIA is likely to offer Nepal’s new prime minister help in building an east-west railway line and better access to its ports on his first visit this week, as it aims to regain ground lost recently to China in their struggle for influence in their joint neighbour. . Prachanda, a former Maoist rebel commander, has chosen New Delhi as his first foreign stop, seeking to rebalance ties that chilled under his overtly pro-Chinese predecessor. K.P. Oli had sealed trade deals that sought to reduce landlocked Nepal’s economic dependence on India. “Relations with India have become frosty for some time. I…

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