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flag Nepal awards China contract to print new banknotes featuring disputed territories, sparking India's protest.

flag 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. flag 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. flag 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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