Nepal poised for closer ties with China under new prime minister

Returning PM Oli may bolster economic and military cooperation with Beijing

20240723N Prime Minister Oli

Prime Minister K.P. Sharma Oli is a veteran that has held the office three times before. © AP

SATOSHI IWAKI, Nikkei staff writer

NEW DELHI -- The return of K.P. Sharma Oli as Nepal's prime minister may usher in an era of closer economic and military ties with China amid frayed relations with India.

Oli -- who heads the Communist Party of Nepal (Unified Marxist-Leninist), or UML -- won a majority in a lower house vote of confidence and officially became prime minister on Sunday. This marks Oli's fourth time in the role, including a stint as interim prime minister.

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