The Chinese government will provide more than Rs 11.40 billion assistance to the Government of Nepal.
The amount will be spent on the implementation of projects agreed upon by both countries, according to the Ministry of Finance.
Meanwhile, Chinese Foreign Minister Wang Yi, who is on a visit to Nepal, has also pledged to provide development assistance.
He expressed the commitment during the Nepal-China Foreign Ministerial Talks held in the capital on Saturday. He also agreed to fully operate the two-way movement of goods and services on the Rasuwagadhi-Tatopani border.
During the talks, the Foreign Ministers of the two countries have instructed the concerned bodies to make necessary preparations for operating the trade through the border.
