CIDCA Chair calls on PM Prachanda

Chairman of the China International Development Cooperation Agency (CIDCA), Luo Zhaohui, paid a courtesy call on Prime Minister Pushpa Kamal Dahal ‘Prachanda’ today.

In the meeting took place at the Prime Minister’s official residence at Baluwatar, they discussed the economic development of Nepal as well as the upcoming Investment Summit, said Dr Rupak Sapkota, the Prime Minister’s advisor on foreign affairs.

On the occasion, PM Prachanda said the relations subsisting between Nepal and China have been elevated to new heights with the exchange of high-level visits between the two countries in recent times and the implementation of bilateral agreements has gained an impetus.

“Additional border checkpoints between Nepal and China have come into operation. The people of the border areas have been convenient due to this. I have found that Chinese investors have shown interest also in the Investment Summit taking place in Nepal,” the Prime Minister said.

CIDCA Chair Zhaohui said the Chinese investors wanted to invest in the construction of the power transmission line of Nepal and in the feasibility study of the Tokha-Chhahare tunnelway, among other sectors.

Dr Sapkota, Nepal’s ambassador to China, Bishnu Pukar Shrestha, officials from the Ministry of Foreign Affairs and the Ambassador of China to Nepal, Chen Song, among other officials were present during the meeting.