HomeWorldNepal-China resolve to pursue BRI projects

Nepal-China resolve to pursue BRI projects

In a significant and unprecedented move, the heads of the legislative bodies of Nepal and China signed an agreement recognizing the bilateral understanding reached five years ago as the basis for increasing trans-Himalayan cooperation in several areas.

The six-point agreement signed between National People’s Congress of China’s visiting chairman Li Zhanshou and House of Representatives Speaker Agni Prasad Sapkota said it would help identify and advance cooperation in areas of mutual benefit . This new move in diplomacy between the two neighbors is little different from the inaction displayed by the government, which was insisting on grants from China to take forward BRI projects, which had been stalled.

The agreement signed between Li and Sapkota also stated that the decisions taken by President Jinping during his visit to Nepal in October 2019 – bilateral ties should be consolidated for the development and prosperity of the two countries – were part of the visit together. The basis will be

Li, who returned to Beijing on Thursday, will meet President Vidya Devi Bhandari, Prime Minister Sher Bahadur Deuba, former prime minister KP Oli and Pushpa K Kamal Dahal, among others, during his stay.

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