Daily Memo: Infrastructure Pacts and Defense Cooperation
Trans-Himalayan network. Chinese Foreign Minister Wang Yi and his Nepali counterpart, Narayan Khadka, agreed to build the Trans-Himalayan
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Trans-Himalayan network. Chinese Foreign Minister Wang Yi and his Nepali counterpart, Narayan Khadka, agreed to build the Trans-Himalayan
China will use its aid funds for Nepal to support the feasibility study of a China-Nepal cross-border railway and will send experts to Nepal to conduct surveying work within this year, according to the Foreign Ministry.
Nepal has conveyed to a visiting senior Chinese Communist Party official that the country only wants grants from China, not commercial loans for developing infrastructures under the ambitious Belt and Road Initiative (BRI). Prime Minister Sher Bahadur Deuba made the remarks at a meeting with the visiting Chinese Communist Party (CCP) leader, Liu Jianchao, in Kathmandu, according to prime minister's press adviser Govinda Pariyar who was present during talks on Sunday. "PM Deuba told the Chinese leader that Nepal is not in a position to afford commercial Chinese loans for infras...
Wang Yi Talks about China's "Three Supports" for Nepal
The Belt and Road Initiative agreement signed between Nepal and China have crossed the 5-year mark, however, even after so many years have passed the BRI projects are nowhere to be seen on the horizon, reported The Kathmandu Post.