Nepal – the country of the Buddha and the Mt. Everest

Peace comes from within. Do not seek it without – Buddha

Posts Tagged ‘Yang Haulan’

China to provide 200m yuan to support peace process; Wen leaves for Qatar

Posted by Ram Kumar Shrestha on January 14, 2012

KATHMANDU, Jan 14: Prime Minister Baburam Bhattarai and his visiting Chinese counterpart Wen Jiabao signed an eight-point bilateral agreement during the talks held at the PM´s office in Singha Durbar on Saturday.

During the luncheon held after the talks, Wen announced that China would provide 200 million yuan in assistance to Nepal in the current fiscal year with intent to support Nepal´s peace process, our correspondent Kiran Chapagainreported.

On the occasion, Wen also pledged to provide 750 million yuan in concessional loan to Nepal in the next three years. The talks chiefly dwelt on economic issues of bilateral cooperation and other issues related to cultural exchange and infrastructural development.

Wen has left Kathmandu for Qatar after completing his four-and a-half hours trip to Nepal. PM Bhattarai and other high government officials saw him off at the Tribhuvan International Airport.

Meanwhile, Deputy Prime Minister and Foreign Minister Narayankaji Shrestha is addressing a press meet on Wen´s Nepal visit at the VIP lounge at the TIA.

Earlier in the day, Wen had arrived in Kathmandu, almost an hour behind schedule, in a special aircraft  at 11:50 am. PM Bhattarai, Speaker Subash Nembang and other high government officials received Wen at the VVIP lounge at the airport. Nineteen gunshots were fired in honor of the Chinese premier.

Before wrapping up his visit, Wen called on President Dr Ram Baran Yadav at the latter´s official residence in Maharajgunj. Prior to this, he attended the official luncheon hosted by PM Bhattarai in Singha Durbar. UCPN (Maoist) Chairman Pushpa Kamal Dahal, Nepali Congress President Sushil Koirala, CPN UML Chairman Jhalanath Khanal and a very few government ministers also attended the function.

Wen’s visit is the first by a Chinese premier since the then premier Zhu Rongji’s Nepal trip in May 2001. Before that, Chinese President Jiang Zemin had paid a visit to Nepal back in 1996. Read the rest of this entry »

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