Stories Tagged 'Belt and road initiative'
After Nepal signed up to China’s Belt and Road Initiative in May 2017, the government had formed two committees—led by foreign and finance secretaries—to identify projects for negotiations with the Chinese side. When the finance secretary-led committee listed 35 projects to develop under the initiative, it had brought interest in China’s funding in Nepal to a pitch fever. full story »
Finance Minister Yubaraj Khatiwada on Tuesday expressed his discontent over the slow progress of China’s Belt and Road Initiative (BRI) and stressed it is “time for action” and to stop politicising the plan that aims regional economic development.full story »
While Nepali leaders have committed time and again to the Belt and Road Initiative, China’s flagship foreign policy initiative led by President Xi Jinping, officials said little progress has been made in the last five months towards negotiating the projects identified by the Nepal government.Government officials said negotiations for around three dozen projects that were submitted to the Chinese side during Prime Minister KP Sharma Oli’s official visit to China in June are being delayed. full story »
The Belt and Road Initiative seems to be replicating China’s unfair policy towards weaker nationsfull story »
China stands ready to strengthen cooperation with Nepal in infrastructure connectivity, post-disaster reconstruction, trade and investment under the framework of the Belt and Road Initiative, President Xi Jinping said Wednesday.full story »
Five different ministries have submitted names of 22 projects that could be built under China’s Belt and Road Initiative (BRI), but they have failed to present detailed proposals as directed by the Ministry of Finance (MoF), full story »