Chinese Foreign Minister Wang Yi arrived in Kathmandu

Kathmandu: Chinese Foreign Minister Wang Yi arrived in Kathmandu on Friday during which he will hold delegation-level talks with his Nepalese counterpart Narayan Khadka.

According to the Ministry of Foreign Affairs in Kathmandu, Wang and Khadka will meet on Saturday after which the two sides are expected to sign some agreements.

During his three-day stay, Wang will call on President Bidhya Devi Bhandari, Prime Minister Sher Bahadur Deuba, opposition party leader KP Sharma Oli, NCP (Maoist Centre) Chair Pushpa Kamal Dahal, among others.

China is likely to announce an increase of its annual grants to Nepal and will finance and invest in some projects related to infrastructure, cross border connectivity, health, education, trade, commerce and some others.

The two nations will stress on the implementation of past accords and agreements signed during Chinese President Xi Jinping’s visit to Nepal in 2019 and former Nepal Prime Minister Oli’s visit to Beijing in 2018.

Wang will be the first high-level Chinese official to visit Nepal since Deuba assumed office as Prime Minister in July last year.