By TRN Online, Kathmandu, July 12: The Government of Japan has decided to extend grant assistance of 424 million Japanese Yen (¥424,000,000), equivalent to Rs 385 million to the Government of Nepal for the implementation of the Project for Human Resource Development Scholarship (JDS).
Issuing a press release the Embassy of Japan said that KIKUTA Yutaka, Ambassador of Japan to Nepal, and Arjun Prasad Pokharel, Secretary of the Ministry of Finance signed notes to this effect on Wednesday.
The JDS grant offers Nepal’s young government officials two-year Master's Degree courses and three-year Doctoral level courses in reputed Japanese universities.
The Government of Japan has received more than 140 Nepali government officials.
After completion of studies, the JDS Fellows are expected to engage in formulating and implementing socio-economic development plans and evolve as leaders in Nepal, as well as contribute to the expansion and strengthening of friendly relations between Japan and Nepal.
On the occasion of signing the notes, Ambassador Kikuta announced that the Government of Japan has revised the Development Cooperation Charter, which articulates the basic policy of Japan's development cooperation, and Japan would implement development cooperation in a more effective and strategic manner in order to actively contribute to ensuring peace and prosperity of the international community.