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Nepal awards China contract to print new banknotes featuring disputed territories, sparking India's protest.
Nepal has awarded a contract to China’s Bank Note Printing and Minting Corporation to produce new 50, 500, and 1,000 rupee banknotes, with the 1,000 note featuring seven rhododendrons and the governor’s signature.
The printing follows the release of new 100-rupee notes showing disputed territories—Kalapani, Lipulekh, and Limpiyadhura—claimed by both Nepal and India, reigniting tensions.
The move underscores growing ties between Nepal and China, while India continues to challenge the territorial map, citing the 1816 Sugauli Treaty.
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Nepal otorga a China un contrato para imprimir nuevos billetes de banco que muestran territorios en disputa, lo que provocó la protesta de la India.