Chinese government provides RMB27 million to support agricultural technology cooperation projects in the northern mountainous areas of Nepal

On December 19, 2018, the Tibet International Economic Exchange Service Center TIEESC, on behalf of the Ministry of Commerce of the Chinese Government, and the Nepal Ministry of Agriculture (MOLAD) signed a cooperation agreement on the implementation of agricultural technology cooperation projects in the northern mountainous areas of Nepal in Kathmandu.

The Chinese government will provide 27 million RMB to Nepal to support research and expansion of modern technology in the country's agricultural sector. Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.