Govt to provide loan at base rate interest to produce COVID-19 vaccines

Kathmandu, August 14 . The government will provide loan at base rate interest to develop COVID-19 vaccines. Arrangements will be made for banks and financial institutions to provide loans at base rate interest to the industries which want to produce standard vaccines against the infection, said Governor Maha Prasad Adhikari while unveiling the monetary policy […] The post Govt to provide loan at base rate interest to produce COVID-19 vaccines appeared first on Aarthiknews:: A leading business & economic news portal from Nepal.

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China to donate additional 2 million doses of COVID-19 vaccine

KATHMANDU: China is to provide an additional two million COVID-19 vaccines to Nepal. This was announced by State Councilor and Minister of Foreign Affairs of the People’s Republic of China Wang Yi during a telephone conversation with Minister for Foreign Affairs Dr Narayan Khadka Tuesday morning. During the conversation, the two foreign ministers discussed the entire gamut of the bilateral relations between the two countries including COVID-19 vaccine cooperation, trade and commerce, development cooperation and border management, according to the Ministry of Foreign Affairs. The two foreign ministers also talked about progress of different development projects, return of Nepali students to China for continuation of their studies, increasing the number of containers of fertilizers and other goods and their shipment through Tatopani/Zhangmu and Rasuwagadhi/Kerung border ports and resumption of regular air services between Nepal and China. The two foreign ministers agreed to work closely on issues of common interest and to further promote friendly and long-standing bilateral relations and cooperation between the two countries. Foreign Minister Dr Khadka reiterated Nepal’s One China policy and appreciated the Government of the People’s Republic of China for continuous support for Nepal’s economic development, including for consistently supporting Nepal in its fight against COVID-19. On the occasion, the State Councilor extended an invitation to Minister Dr Khadka to visit China at a mutually convenient date, adds the ministry.

Govt to loan pharmaceutical industry willing to produce COVID vaccines

The government will provide loans at base rate interest to the pharmaceutical industries interested in developing anti-COVID-19 vaccines.