Chinese President Xi Jinping has said that China will provide Nepalese 56 billion rupees assistance to Kathmandu over the next two years to help Nepal’s development programmes as the two countries inked 20 agreements today to bolster their bilateral ties.
Xi, who arrived in Kathmandu yesterday after a two-day informal summit with Prime Minister Narendra Modi, held talks with his Nepalese counterpart Bidya Devi Bhandari on the first day of his two-day state visit – the first by a Chinese leader in 23 years.
The Chinese president today met Prime Minister K P Sharma Oli and held delegation-level talks. After the talks, the two sides signed 18 MoUs and two letters of exchange in different sectors such as transport, agriculture, industry, commerce and supply.
A joint statement issued after the talks, said that the two countries have agreed to develop relations, friendship and partnership that would help in development and prosperity for Nepal.
Nepal reiterated her commitment to ‘One-China policy’ and said Nepal will not allow any force to use its territory against China.
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