Kathmandu, July 9 -- In the changed political context in Nepal following last year's Gen Z movement, China has proposed signing a Bilateral Investment Agreement (BIA) and a Free Trade Agreement (FTA) to safeguard and promote its investment in Nepal.

The proposal came from Chinese Vice Minister for Commerce Yan Dong on Tuesday during his separate meetings with Minister for Industry, Commerce and Supplies Gauri Kumari and Finance Secretary Ghanshyam Upadhyaya. During the meeting with the industry minister, the Chinese side proposed an FTA, while in the meeting with Upadhyaya, he called for concluding the BIA, officials at the Finance and Industry ministries told the Post.

During the meeting with Minister Kumari, Yan said that, as China is...