he decision by American President Donald Trump’s administration to cut funding for projects in Nepal may affect ties between the two countries. On the other hand, after more than seven years of its signing, Nepal and China have agreed on the cooperation framework for the projects under the Belt and Road Initiative. A change in...
Nepal’s Foreign Minister Arzu Rana Deuba has dealt a major blow to China. Deuba stated that Nepal is not taking any loans under the Belt and Road Project, which has become a debt trap for China. Earlier, Chinese President Xi Jinping had pressurised Nepalese PM KP Sharma Oli during his visit to Beijing to approve...
China’s Belt and Road Initiative (BRI) projects are touted to transform Nepal’s economic landscape. As the bilateral agreement was initiated amid confusion, it has faced criticisms, and the projects are likely to falter on many obstacles along the way to their successful implementation. There will certainly emerge multiple hurdles in course of the projects’ execution...
Nepal and China have reaffirmed their commitment to the Belt and Road Initiative (BRI), highlighting the framework agreement signed during Prime Minister KP Sharma Oli’s visit to China in December last year. This development has been described as a milestone in enhancing bilateral ties. In a political document presented to the Central Committee of his...
Nepal Prime Minister K P Sharma Oli on Sunday said the signing of the Belt and Road Initiative (BRI) framework agreement with China during his recent trip and his meeting with Indian counterpart Narendra Modi on the sidelines of the 79th UN General Assembly were important in strengthening bilateral relations. The 72-year-old Communist Party of...
It took seven years for Nepal and China to sign the framework agreement on Belt and Road Initiative (BRI) since the two neighbours inked a Memorandum of Understanding (MoU) on it in May 2017. They signed the framework agreement in December 2024 during Nepal’s Prime Minister KP Sharma Oli’s visit to China. In these seven...
Nepal and China, during Prime Minister KP Oli’s latest official visit to China, signed a new deal titled “Development plan for year 2025-2029” under the ambit of Belt and Road Initiative and Trans Himalayan Multi Dimensional Connectivity Network (THMDCN). However, the text of the new agreement signed between Nepal’s Ministry of Finance and China International...
Prime Minister KP Sharma Oli returned home on December 5 after a four-day official visit to China. During the visit, the two countries signed the Belt and Road Initiative (BRI) Framework Cooperation agreement. The Post’s Thira Lal Bhusal sat down with Bishnu Rimal, chief advisor to the prime minister, who was one of the key interlocutors during the...
Nepal and China signed a much-awaited framework agreement on the multi-billion-dollar Belt and Road Initiative (BRI) on Wednesday (December 4, 2024), paving the way for enhanced economic cooperation on the projects. The BRI Cooperation Framework agreement was inked during Prime Minister K. P. Sharma Oli’s official visit to China — his first official visit to...
प्रधानमन्त्री केपी शर्मा ओलीको आगामी साता हुने बेइजिङ भ्रमणको तयारीस्वरूप चीन पुगेकी परारष्ट्रमन्त्री आरजु राणा देउवाले शुक्रवार त्यहाँका विदेशमन्त्रीसँग द्विपक्षीय भेटवार्ता गर्ने अधिकारीहरूले बताएका छन्। राणाले चिनियाँ विदेशमन्त्री वाङ यीसँग सिचुआन प्रान्तको छेन्दु सहरमा द्विपक्षीय भेटवार्ता गर्ने तय भएको नेपालको परराष्ट्र मन्त्रालयले जनाएको छ। उक्त भेटवार्तामा प्रधानमन्त्री ओलीको भ्रमणका बेला हस्ताक्षर गर्ने तयारी गरिएको भनिएको...