Nepal and China sign two important agreements

Nepal and China have signed two important agreements in the presence of Finance Minister Barshaman Pun.

Secretary at the Finance Ministry, Madhu Kumar Marasini, Secretary at the Ministry of Health and Population, Dr Roshan Pokharel, and Chairman of the China International Development Cooperation Agency (CIDCA), Luo Zhaohui, signed the agreements amidst a programme organised at the Finance Ministry today.

The agreement signed with Finance Ministry is related to human resources development cooperation for global development initiative while the agreement signed with the Health Ministry is related to bone marrow transplant.

China had expressed commitment to provide support to start bone marrow transplant service in Nepal during Prime Minister Pushpa Kamal Dahal’s visit to China in September 2023.

As per the agreement, China will provide financial assistance to BP Koirala Memorial Hospital for the operation of bone marrow transplant service.

On the occasion, Finance Minister Pun thanked China for its continuous support in Nepal’s development endeavours.
He mentioned that Nepal and China have been moving ahead at mutual cooperation sincerely respecting each other’s aspirations and sensitivity. The Finance Minister laid emphasis on the need of implementing the remaining bilateral agreements signed during high-level visit of both countries.

Sharing that China is in the top position among the countries for foreign investment in the world and Nepali is hosting an investment summit, he urged China to increase its assistance and investment in Nepal in coming days.

Similarly, Luo Zhaohui, who is leading the Chinese delegation, said Nepal is a good friend of China and China is always with Nepal in its development.

He expressed commitment to implement every issue of agreements signed during Nepal visit of Chinese President Xi Jinping, and Prime Minister Dahal’s China visit.

Stating that they are now in Nepal in context of Third International Investment Summit, he mentioned that Nepal will get Chinese investment during the summit.