• Friday, 4 July 2025

China announces Rs. 9 billion grant during PM Oli's visit

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Prime Minister KP Sharma Oli shaking hands with Chinese President Xi Jinping (right). Photo: PM secretariat.

By TRN Online, Kathmandu, Dec 3: China has announced a grant amount of about Rs. 9 billion (500 million RMB) to Nepal.

Chinese President Xi Jinping made the announcement during his meeting today with Prime Minister KP Sharma Oli who is on an official visit to China.

According to Krishna Prasad Dhakal, spokesperson of the Ministry of Foreign Affairs, President Xi assured of additional facilities for easing Nepali export to China and encourage Chinese businesses to invest in Nepal.


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