Overview

China provides 50 million RMB grant assistance for economic and technical cooperation with Nepal

Commitments (Constant USD, 2023)$8,790,215

Commitment Year•2011Country of Activity•NepalDirect Recipient Country of Incorporation•NepalSector•Other MultisectorFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Feb 28, 2011

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

Government of Nepal

Loan desecription

China provides 50 million RMB grant assistance for economic and technical cooperation with Nepal

Narrative

Full Description

Project narrative

On February 28th, 2011, China signed an agreement to provide 50 million RMB (547 million NPR) in assistance to Nepal as a gesture of commitment to promote friendly relations and enhance the economic and technical cooperation between the two countries. The assistance will be utilized for the mutually agreed projects pending decision between the two governments.