Business

Nepal and China sign MoU on mutual cooperation

KathmanduPati December 03, 2024

BEIJING – Nepal and the People’s Republic of China have signed a Memorandum of Understanding (MoU) related to cooperation and collaboration in various eight areas including trade promotion and exchange of technical assistance in the presence of the Prime Ministers of both countries here today.

The MoU on mutual collaboration was inked after the bilateral meeting between Prime Minister KP Sharma Oli and Chinese Premier Li Qiang at the Great Hall of the People.

Prime Minister Oli is currently here in connection with a four-day official visit of China. The Chinese People’s Liberation Army presented a guard of honour to PM Oli before the bilateral meeting. The Nepali delegation led by Prime Minister Oli arrived in the Chinese capital on Monday.