As I am writing this essay, the first day of the BRICS Summit chaired by Brazil in Rio de Janeiro has concluded. Some official statements have already been released, all centered on highlighting the importance of the Global South to emerge and thrive in a world so far dominated by developed nations from the West....
The Americans play a pivotal role in Nepal’s geopolitical chessboard. For a country sandwiched between India and China, the US has over the decades given the landlocked Nepal an agency and option beyond its immediate neighbourhood. Most recently, this was evident during the 2015-16 Indian blockade when the American anti-blockade positioning helped Nepal spread the...
India has surpassed Japan to become the world’s fourth-largest economy. It is also the fastest-growing major economy globally and the only South Asian nation projected to maintain over six percent annual growth. Earlier this month, the IMF’s World Economic Outlook confirmed that India remains the world’s fastest-growing economy, with its GDP now standing at $4.3trn....
The Millennium Challenge Corporation (MCC), an American bilateral foreign aid agency, has been mired in controversy in Nepal since the get-go. It signed a $500 million compact with Nepal in September 2017. Proposed projects aimed to maintain road quality, increase the availability and reliability of electricity, and facilitate cross-border electricity trade between Nepal and India,...
Kathmandu, July 11: Chief of Army Staff Ashok Raj Sigdel has said that Nepal-China relations, founded on the principles of Panchasheel, are incomparable. He added that the ties between the Nepali Army and the Chinese People’s Liberation Army (PLA) are equally cordial. During his address to a reception held the Chinese Embassy on Friday to...
NEW DELHI: In a blunt warning that has confirmed the worst f .. Read more at:http://timesofindia.indiatimes.com/articleshow/122397764.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Top leaders of the Nepali Congress and the Communist Party of Nepal (UML) sat down last Tuesday to assess the country’s situation. Among others, they discussed the repercussions of former President Bidhya Devi Bhandari’s return to party politics. According to a newspaper report, NC leader Sher Bahadur Deuba told Prime Minister KP Oli that her return...
Pakistan, China, and Bangladesh are developing a proposal fo .. Read more at:http://timesofindia.indiatimes.com/articleshow/122154814.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
With the aim of further strengthening the economic cooperation between Nepal and India, Nepal-India Chamber of Commerce and Industry (NICKI) and Federation of Indian Chamber of Commerce and Industry (FICCI) have reached an understanding to work jointly to promote mutual trade, investment and cross-border trade. According to the MoU signed by Nikkei Chairman Sunil KC...
Politics in Nepal has come full circle. A month after the movement for the restoration of the monarchy was suspended because of the approaching monsoon season, the second President of the Republic, Bidya Devi Bhandari, has taken a plunge into active party politics. She chose June 28 — the day her husband and General Secretary...