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Nepal, China sign three agreements on bilateral cooperation

KATHMANDU: Nepal and China have signed three agreements on mutual cooperation and partnership. The delegation from the two countries led by respective Foreign Ministers signed two letters of exchange and a Memorandum of Understanding.
Finance Secretary, Rajan Khanal, and China’s International Development Cooperation Agency’s Vice Chairman, Deng Boking, signed the letter of exchange on reconstruction of emergency shelters and Manang hospital in the presence of Chinese Minister for Foreign Affairs, Wang Yi, and Foreign Minister Pradeep Kumar Gyawali.
For the emergency shelter, China would provide 9.5 million Yuan and 220 million Yuan for reconstruction of the Manang Hospital.
Secretary at the Ministry of Education, Science and Technology, Maheshwor Dahal, and Chinese Ambassador to Nepal, Hou Yanqi, signed the MoU relating to volunteer Chinese teachers programme.
During the meeting, both sides had reviewed the treaties and agreements reached between the two countries in the past and underscored effective and prompt implementation of them as well as the China-supported projects in Nepal.
One of the Nepalis officials taking part in the consultation shared that the Chinese side had taken the issues broached by Nepal during the meeting and the resolutions of the meeting in the positive. The bilateral talk also dwelt on issues of bilateral interest as well as regional and international affairs besides deliberating on how Nepal could be benefited by the physical and economic development attained by China, which is a reliable development partner to Nepal.
The Foreign Ministers from the both countries also discussed issues ranging from reducing trade deficit between China and Nepal to diversification of Nepal’s trade as well as the agreement reached for forming Trans-Himalayan Multi-dimensional Connectivity Network between the two countries.
The issues also included construction of railways and mutual contacts as well as on transport and transit agreements.
Participating in the consultations from Nepal’s side were Minister for Finance Dr Yuba Raj Khatiwada, Nepal’s Ambassador to China, Leela Mani Poudyal, Foreign Secretary Shanker Das Bairagi, Finance Secretary Rajan Khanal, Joint Secretary at the Ministry of Foreign Affairs (MoFA), Kali Prasad Pokharel, among the senior officials of the MoFA.

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