Thursday, September 21, 2023

VP Yadav suggests exploiting trade potential between Nepal, China

Kathmandu, Sept. 18

Vice President Ramsahay Prasad Yadav has said that there is potential to increase the size of trade between Nepal and China.

"Of the total foreign trade of Nepal, 14 per cent happens with China. There are many possibilities to expand it," he said to a Chinese delegation led by Zeng Yan, Member of the Standing Committee and Head of the Publicity Department of CPC Yunnan Provincial Committee that paid a courtesy call to Vice President Yadav at the latter's office in Lainchour on Monday.

VP Yadav also urged the Chinese leader to support Nepal in making the bilateral trade more sustainable, enhancing the capacity of Nepali producers in the areas of comparative advantage, and facilitating the export of vegetables, tea and herbal products to China.

According to a statement issued by the Office of the Vice President, he also stated that he was confident that the relationship between the two countries would be further strengthened at the people's level since people-to-people relations are one of the dimensions of harmonious bilateral relations.

"This visit will help further strengthen the cordial relations between Nepal and China," he said, "Nepal and China have remained close neighbours, close friends and reliable development partners."

VP Yadav said that the two countries stand together on the foundation of mutual support and partnership and each other's basic interests and sensitivity.

"In my opinion, high-level meetings, contacts and visits will be important to make our relations stronger and reach the people's level, so exchange of visits between the two countries should be given priority," he said.

Zeng Yan, who is leading the Chinese visiting team, expressed her happiness with the meeting and said that she would try her best to further deepen, and strengthen the relationship between the two countries.

 Published in The Rising Nepal daily on 19 September 2023. 

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