Chinese Foreign Minister Wang Yi visits Nepal after India Visit

Tags: International News

The Chinese Foreign Minister Wang Yi visited Nepal in the last leg of his South Asian tour. He first visited Pakistan and participated in the Summit of the Foreign Minister’s of the Organisation of Islamic Countries held in Islamabad, Pakistan. He then visited Afghanistan before making a surprise visit to India. From India, he visited Nepal on 26 March 2022.

  • This is the first visit of a high-ranking Chinese official to Nepal since Sher Bahadur Deuba became the Prime Minister of Nepal in July last year.

  • China and Nepal signed nine MOU(Memoranda of Understanding )

  • Under the economic and technical cooperation, China will increase its annual assistance to Nepal from Rs. 13 billion to Rs. 15 billion.

  • Another agreement is on cooperation on the feasibility study of China-Nepal Power Grid interconnection where China will finance the new alignment of the Ratamate-Rasuwagadhi- Kerung transmission line.

  • China will donate an additional 4 million doses of the Sinovac covid vaccine to Nepal.

Important for Exam 

Nepal 

It is a landlocked country in South Asia. It is located between India to the east, south, and west and the Tibet area of China to the north.

President of Nepal : Bidhya Devi Bhandari 

Prime Minister of Nepal : Sher Bahadur Deuba 

Capital of Nepal : Kathnmadu 

Currency : Nepalese rupee

It has the world's highest mountain peak:  Mount Everest in the Himalayas.

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