China, Japan announce major support to Nepal
KATHMANDU, JUN 25 – China and Japan on Thursday announced major aid for Nepal’s reconstruction bid after India during the ongoing International Conference on Nepal’s Reconstruction.
During the conference at Soaltee Hotel in Kathmandu on Thursday, Chinese Foreign Minister Wang Yi pledged to extend Rs 76 billion or 4.7 billion RMB both grant and loan. China also offered a concessional loan from Silk Road Fund from China to Nepal’s reconstruction bid. China will offer training opportunities for 1,500 Nepalis over the next year.
The Chinese Foreign Minister also expressed his solidarity with Nepal & Nepali people.
Similarly, Japan announced US $260 million during the conference. Japan has also assured to organise the second donor conference to support Nepal’s rebuilding effort. Japan will support in repairing cultural heritages, Japanese State Foreign Minister for Foreign Affairs Minoru Kiuchi said.
Similarly, Norway has announced US $30 Million or Norwegian Kroner 100 Million for Nepal.
Likewise, the US has announced US $ 200 million for Nepal’s reconstruction bid.