On the occasion of Prime Minister KP Sharma Oli’s week-long official visit, Nepal and China on Wednesday issued a 15-point joint communique from Beijing and said they agreed to seal the petrol trade deal. “Both sides agreed to conclude a commercial deal on the supply of petroleum products from China to Nepal,” the eighth point of the statement read, “In this context, they encouraged companies to speed up negotiations and concerned agencies to study providing supporting policies on issues of pricing, taxation, transportation, quality control and customs and frontier formalities.”