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Nepal Receives Aid From China For Projects

With the endeavour to strengthen trade ties, Nepal stands to receive 492 million dollars as from China. This will assist Nepal in different initiatives related to growth and development. The amount will be dispersed to Nepal over the next two years.  Bilateral trade between Nepal and China witnessed significant improvement owing to opening of Tatopani-Zhangmu this year. The border was closed for operations since 2015 because of a deadly earthquake that took place in 2015 in Nepal. It was reopened in May 2015.