BRI projects to figure high during Nepal PM Oli's China visit

BEIJING: Nepal Prime Minister KP Sharma Oli will pay a five-day consult with to China next week, his first after re-election, all through which a bunch of projects underneath the Belt and Road Initiative in addition to Beijing's plans for an India-Nepal-China economic corridor are expected to be discussed.

Oli will probably be in China from June 19-24, Chinese international ministry spokesman Geng Shuang mentioned at a media briefing right here.

China and Nepal are comprehensive cooperative companions, playing generation-to-generation friendship and development of bilateral ties has been happening with sound momentum, he mentioned.

Oli will cling talks with President Xi Jinping and Premier Li Keqiang all through his consult with, Geng mentioned.

China appears to be like ahead to deepening sensible cooperation with Nepal underneath the Belt and Road Initiative (BRI) and deepening political and economic cooperation in addition to in infrastructure, post-disaster rebuilding, and in cultural fields and to additional raise bilateral ties, he mentioned.

Oli, all through his previous brief tenure as premier in 2016, had widened China-Nepal ties through signing the transit business treaty with China to scale back the dependence of his landlocked nation on India at the top of the Madhesi agitation and had sought enlargement of highway hyperlinks via Tibet but even so extension of China's railway community to Nepal throughout the Himalayas.

However, since his re-election, he made his first international consult with to India promising to apply a more balanced policy between India and China.

His consult with was additionally adopted through a high-profile consult with through Prime Minister Narendra Modi to Nepal highlighting stable development in family members between the 2 nations.

Ahead of his consult with, China has aired considerations over stories of cancellation of Chinese companies' agreement to construct the West Seti hydropower mission in Nepal.

On June 6, some other Chinese international ministry spokesperson Hua Chunying mentioned Chinese companies participating in the hydropower mission are in talks with the Nepalese government, refuting stories that the agreement has been cancelled.

China is also anticipating its company Gezhouba Group Corporation (CGGC) to get back the contract to construct the 1,200 MW Budhigandaki hydropower oroject, which was cancelled through the former Nepalese government.

China has been making an investment closely in Nepal in the previous few years to reinforce connectivity and infrastructure.

More importantly, China has instructed to the Nepal government to construct an India-Nepal-China economic corridor throughout the Himalayas.

"Let me say China and Nepal have agreed on a long term vision of a multi-dimensional cross-Himalaya connectivity network," Chinese State Councillor and Foreign Minister Wang Yi had mentioned after talks together with his Nepalese counterpart Pradeep Kumar Gyawali right here on April 18.

Wang mentioned China and Nepal have already signed an MoU on the BRI by which connectivity cooperation has been integrated.

It includes a long-term imaginative and prescient reminiscent of connectivity community and masking hyperlinks between the 2 nations via ports, railways, highways, aviation, power and communications.

"We believe that such a well-developed connectivity network can also create conditions for an economic corridor connecting China, Nepal and India," Wang had mentioned.

"We hope that such cooperation will contribute to development and prosperity for all three countries," he had mentioned.
BRI projects to figure high during Nepal PM Oli's China visit BRI projects to figure high during Nepal PM Oli's China visit Reviewed by kailash soni on June 13, 2018 Rating: 5
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