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ECONOMY

First meeting of Nepal-China aid projects concludes

KATHMANDU, April 25: The first meeting of the Aid Projects of China's Autonomous Region Tibet to Nepal (2024-2028) took place in Tibet's capital Lhasa on April 23-24.
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KATHMANDU, April 25: The first meeting of the Aid Projects of China's Autonomous Region Tibet to Nepal (2024-2028) took place in Tibet's capital Lhasa on April 23-24.


In the meeting concluded on Wednesday, discussions were held focusing on the aid projects to be implemented in Nepal, the Lhasa-based Consulate General of Nepal.


On the occasion, the discussions were focused on the coordination mechanism of aid projects by Tibet to Nepal in terms of work schedule, selection modality of the projects, and the ways of implementation and monitoring.


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During the meeting, both sides agreed to hold the meeting of aid projects twice in the first half of the year, so as to focus on the project’s arrangements and twice in the second half of the year for the implementation and review of the implemented projects.


Furthermore, the two sides underlined the need to enhance the level of support for improving the livelihood of people residing in bordering districts in the Northern Himalayan region of Nepal through the Aid Projects.


The first meeting was co-chaired by Joint Secretary of the Ministry of Federal Affairs and General Administration, Nepal Kamal Prasad Bhattarai, and Director General of the Foreign Affairs Office of Tibet Baiman Yangzong.


Also on Wednesday, Joint Secretary Bhattarai and the Head of Nepali Delegation paid a courtesy call on Executive Vice-Chairman of the People’s Government of Tibet Chen Yongqi.


During the meeting, views were exchanged on matters of mutual interests; including the promotion of socio-economic linkages for further strengthening Nepal-China relations.


The second meeting of the Aid Projects to Nepal will take place next month.

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