China on Wednesday announced a grant of 15 billion rupees (800 million RMB) to Nepal to invest in projects selected by Nepal for the year 2022.

The announcement was made by Chinese Foreign Minister Wang Yi, who is also a State Councilor of China, during Foreign Minister Narayan Khadka’s bilateral visit to Qingdao.

Khadka is on a visit to China, Nepal’s first high-level visit to the north since Sher Bahadur Deuba’s government was formed in July last year.

This new grant is in addition to the grant announced by Chinese President Xi Jinping to Nepal in October 2019.

During official talks between President Bidya Devi Bhandari and Chinese President Xi in October 2019, the latter announced a RMB 3.5 billion subsidy to Nepal for two years, but the two sides failed to negotiate on how to use the amount following the Covid-19 pandemic.

Nepal has not yet selected the projects to be funded under the grant announced by the Chinese president.

Khadka’s visit to China follows two back-to-back visits to the north in March and July by Foreign Minister Wang and Liu Jianchao, head of the Chinese Communist Party’s international department, respectively.

During Wednesday’s meeting, Khadka and Wang also discussed developments in the Taiwan Strait, officials said.

We learn that Wang said that the visit of the Speaker of the United States House of Representatives, Nancy Pelosi, to Taiwan “is a complete political provocation”.

“This move [Pelosi’s Taiwan visit] seriously violates the commitments made by the United States and seriously violates the sovereignty of China,” read a statement released by the Chinese Ministry of Foreign Affairs after the talks between Khadka and Wang. “Starting with safeguarding its own sovereignty and territorial integrity, upholding non-interference in internal affairs as the basic norm of international relations, and genuinely safeguarding the peace and stability of the Taiwan Strait, of course, China must take the necessary and resolute countermeasures”.

China considers self-governing Taiwan as part of its territory.

Khadka, officials said, reiterated Nepal’s commitment to the one-China policy and assured that Nepalese territory will not be allowed to be used for any activity against China.

According to the Foreign Ministry, the Chinese side assured that it will positively consider Nepal’s request for chemical fertilizers and a feasibility study for establishing a chemical fertilizer factory in Nepal. Also earlier, Nepal and China held several rounds of talks on the supply of chemical fertilizers from China.

“China’s State Councilor and Foreign Minister have agreed to help Nepal’s agricultural sector. He also agreed to encourage Chinese investment in developing Nepal’s manufacturing capacity and strengthen cooperation in the export of Nepalese tea and traditional herbal medicines,” the Foreign Ministry statement said.

Regarding the opening of the border points between Nepal and China which have seen the restricted movement of goods and goods since the onset of the Covid pandemic, the two foreign ministers decided to establish a joint control mechanism of the pandemic at border ports, according to the Ministry of Foreign Affairs of Nepal.

The two sides agreed to form a bilateral technical committee to make the necessary preparations for the operationalization of the existing mechanism of the Joint Border Inspection Committee between Nepal and China. This was agreed in principle last month during a virtual meeting between officials from both sides.

Khadka and Wang also agreed to open Rasuwa-Kerung and Tatopani-Khasa ports for two-way trade and Hilsa-Pulang port for one-way trade, which will take place upon new wave of Covid pandemic in the Autonomous Region of Tibet in China. is controlled, according to the press release.

To support people affected by disasters and natural calamities in different parts of Nepal, Wang announced a set of relief materials worth RMB 3 million as requested by Nepal.

China will also provide medical items and logistics worth RMB 2 million to Nepal.

The Foreign Ministry said Wang also announced that China would provide additional Covid vaccines and Covid-related medical assistance as much as Nepal might need.

Minister Khadka called for additional support for strengthening health infrastructure and facilities as well as transfer of new technologies in cancer treatment in Nepal.

Wang said China will support the establishment of a laboratory for manufacturing chimeric antigen receptor T cells (CAR T cells) at Kathmandu Public Service Hospital to treat blood cancer. and provide necessary training for Nepalese health professionals, the foreign ministry said. This is hailed as a huge partnership between the two countries in the health sector.

Wang also announced that all Nepalese students wishing to return to China following the disruptions caused by the pandemic can proceed with visa procedures, while respecting health protocols, to resume their studies, according to the Chinese press release.

Hundreds of Nepali students studying in China who returned home after the pandemic have been stranded in Nepal due to Chinese restrictions and are desperate to return to their universities to continue their education.

Chinese Foreign Ministry said Wang and Khadka discussed the implementation of past agreements signed during Xi’s visit to Nepal, jointly advancing the Belt and Road Initiative with projects High quality. Nepal and China signed the BRI in May 2017, but the two sides failed to execute a single project.

The two sides will negotiate and sign the implementation plan for the joint construction of projects under the BRI as soon as possible, and hold a joint economic and trade committee and an unfettered trade working group during this period. year, according to a Nepalese official who was present at the ministerial meeting.

“Khadka reiterated that Nepal firmly adheres to the one-China policy and will never allow the use of Nepalese territory to engage in activities that oppose China and harm Chinese interests. This firm commitment will never waver. Nepal supports China’s legitimate stance on internal affairs such as Tibet, Xinjiang and Hong Kong,” according to the Chinese Foreign Ministry website.

The Chinese statement also affirmed that Nepal agrees with the concept of the Global Development Initiative and the Global Security Initiative, and is willing to actively study and participate in the endeavor.

Mr. Wang, on behalf of his government, appreciated the adherence of successive governments of Nepal to the one-China principle and the respect of their commitment not to allow any force to use Nepalese territory to engage in anti-China activities, according to the statement from the Chinese Ministry of Foreign Affairs.

“In the face of the current chaos in the world, China and Nepal, as developing countries and friendly neighbors, should especially support each other, jointly safeguard the central role of the United Nations and maintain non-interference in internal affairs, the ‘golden rule’ of international relations,” the Chinese Foreign Ministry said.

In addition, the two sides agreed to strengthen cooperation in judicial matters, the fight against cross-border cybercrime, border management, joint prevention and control, and ports.

“Wang announced that China will use the aid to Nepal to support the feasibility study of the China-Nepal cross-border railway and will send experts to Nepal to conduct surveys during this year. The zero-duty treatment for 98% of tax items that China has granted to Nepal will come into effect on September 1 and will help the Nepalese side make good use of the dividends of this policy to expand exports to China,” the official said. Chinese. foreign ministry declared.