The EU previously invested over 200 million in Nepal.
90% confidence
Foreign AffairsNepal
Omissions
The MEP's wording 'invested' refers to grant-based development cooperation funding (ODA), not private or commercial investment.
The 'over 200 million' corresponds precisely to the €209 million allocated for the 2021-2024 programming period, which is the previous MIP cycle relative to the €113 million for 2025-2027.
Both figures are allocations/commitments under the Multiannual Indicative Programme, not disbursed amounts.
Sources
PrimaryEuropean Commission – International Partnerships: NepalThe EU has allocated €209 million in grant funding to its partnership with Nepal for the period 2021-2024 and a further EUR 113 million for the 2025-2027 period.
PrimaryEEAS – EU Statement at the Trade Policy Review of Nepal (WTO)The EU has allocated €209 million development cooperation funds for the period 2021-2024 and a further €113 million for 2025-2027 in line with Nepal's national development plans.
PrimaryEU-Nepal partnership (European Commission factsheet, PDF)Strengthening private sector development and trade through the EU-Nepal Trade and Investment Programme (TIP), to support value chains such as coffee and pashmina; reference to EU development cooperation priorities with Nepal.