Kathmandu: During Nepali Prime Minister Pushpa Kamal Dahal Prachanda’s visit to China, the two nations on Tue issued a joint statement, vowing to accelerate win-win cooperation on agriculture, infrastructure, tourism and many other areas, and to facilitate Nepal to graduate from least-developed country status at an early date.
The two agreed to further deepen mutually beneficial cooperation in such fields as the economy and trade, investment, agriculture, tourism, production capacity, poverty alleviation, health and education to promote common development, read the statement.
China and Nepal welcome the renewal of the Memorandum of Understanding on Cooperation in the Field of Agriculture, Livestock and Fisheries between the two sides, and the recent successful export of Nepali haylage to China. China expresses its readiness to speed up the approval process for the import of cooked buffalo meat products from Nepal to China, which the two sides view as a positive step to reduce trade imbalances.
In the statement, Nepal expresses its appreciation to China for granting zero-tariff treatment to 98 percent of taxable products from Nepal.