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Sat, April 20, 2024

Chinese Ambassador discusses bilateral trade with Industry Minister Rijal

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KATHMANDU: Chinese Ambassador to Nepal, Chen Song, paid a courtesy call on Minister for Industry, Commerce and Supplies Ramesh Rijal on Monday. During the meeting held at the ministry, they discussed trade cooperation, bilateral relations and development assistance between Nepal and China, and opening of border points. Minister Rijal praised Chinese Ambassador Song, saying he has played an active role in strengthening bilateral relations between Nepal and China. He expressed his belief that bilateral relations between the two countries will be further strengthened in the days ahead. The relations between the two countries are special, Minister Rijal said, reiterating that Nepal will not let anyone misuse its territory against China. Minister Rijal informed that of the total foreign trade, trade with China comprises 14%. China is Nepal's second-largest trade partner, according to him. However, Nepal has incurred a huge loss in trade with China. Minister Rijal also reminded various mechanisms to facilitate Nepal-China trade. Even the meeting of joint consultation mechanism established for implementing the transit and transport agreement was not held, he said, urging Ambassador for an immediate meeting between the concerned mechanisms in Kathmandu and Beijing. The Minister however expressed happiness over the reopening of Tatopani, Rasuwa and Hilsa border points. He urged the Chinese Ambassador to open other border points including Nechung-Liji, Kimathanka and Olangchunggola. Minister Rijal thanked the Chinese government for its assistance and collaboration in Nepal's development. He hoped China would extend further assistance and provide foreign direct investment. On the occasion, Ambassador Song thanked Nepal for supporting 'One China policy' and hoped that bilateral relations between the two countries will be further strengthened. The ambassador said China was positive to extend development assistance and FDI. READ ALSO:
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MARCH 2024

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