JANAKPUR, Dec 15: The competition between two Asian giants, India and China, for influence over tiny Nepal is yielding a bonanza in the form of the Himalayan mountain nation's first modern railway — and possibly more to come.
KATHMANDU, March 20: A Chinese delegation led by Shu Ya, founder of One Belt One Road (OBOR) International Trade and Investment Platform, met with Bhawani Rana, president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), on Monday.
Government change is a normal practice in a parliamentary system. Recently Britain and France have witnessed the change in government after elections for parliament and president. However, core principles of foreign policies still remain intact. As is evidenced by historical facts, Nepal does not have a consistent foreign policy. With the change in government, foreign policy also gets affected. Now, people in Nepal are worried about the possibility of the same history repeating itself again with the change of government and Sher Bahadur Deuba becoming the new Prime Minister. Such skepticism is generated because of past records, which show change in core policy of Nepal after the change of government. Whether the replacement of Prachanda-led government by Deuwa-led one will uphold the previous agreements reached with China, is a question frequently raised in Nepali intelligentsia.
KATHMANDU, June 14: President of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI), Bhawani Rana has said that the One Belt, One Road (OBOR) initiative of China can become a model project of the 21st century.
KATHMANDU, May 30: While terming Nepal's decision to join the Chinese-initiated One Belt One Road (OBOR) initiative, Chairman of CPN-UML K P Sharma Oli has said that it would help reduce Nepal's heavy reliance on India.
KATHMANDU, May 25: The scholars participating in a discussion program organized here by the Nepal Council of World Affairs on Thursday argued that the Nepalis were eagerly looking forward to earliest implementation of the China's One Belt, One Road (OBOR) initiative.
KATHMANDU, May 14: Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, Minister for Physical Infrastructure and Transport Ramesh Lekhak, Minister for Information and Communications Surendra Kumar Karki and other members of a visiting Nepali delegation attended a welcome reception hosted by Ambassador of Nepal to the People's Republic of China Leela Mani Paudyal at the Embassy of Nepal in Beijing on Saturday.
KATHMANDU, May 12: Nepal and China signed the Memorandum of Understanding (MoU) on cooperation under the One Belt One Road (OBOR) initiative on Friday, paving the way for enhanced trade and transit connectivity, financial integration and people-to-people contacts between the two countries.
BEIJING, May 12: Chinese foreign policy experts have said that Nepal's decision to be part of China's ambitious One Belt One Road (OBOR) initiative will eventually encourage reluctant India to be part of the OBOR in the future.
KATHMANDU, April 28: As China is scheduled to host the first international summit on its 'One Belt One Road (OBOR) Initiative, Nepal is preparing to send a delegation of ministers and sign an agreement to join the OBOR.
KATHMANDU, March 26: Minister for Foreign Affairs Prakash Sharan Mahat, who accompanies Prime Minister Pushpa Kamal Dahal on his official visit to China, has viewed that Nepal wants to get as much as benefits from the One Belt One Road (OBOR) initiative proposed by China.
KATHMANDU, March 23: Minister for Foreign Affairs Prakash Sharan Mahat said on Wednesday that Nepal has almost completed all the preparatory works to sign major agreements with China including One Belt One Road (OBOR), energy cooperation, cross-border economic zone, transit protocol and upgrading roads connecting Kodari and Rasuwagadhi border points.
The Asian Infrastructure Investment Bank (AIIB) started its operation as a new multilateral financial institution on January 16 last year. Its president Jin Liqun is in Kathmandu to attend Nepal Investment Summit as a keynote speaker. Sagar Ghimire of Republica talked to Liqun on the sidelines of the summit. Excerpts:
KATHMANDU, Feb 27: Prime Minister Pushpa Kamal Dahal has said that Nepal will soon formally sign a Memorandum of Understanding (MoU) with China to become part of its One Belt One Road (OBOR) initiative.
KATHMANDU, Feb 15: Although Nepal has already agreed in principle to join the One Belt One Road (OBOR) project, inordinate delay on the part of the government led by Pushpa Kamal Dahal in expediting the signing of a Memorandum of Understanding (MoU) with China has left Nepal's participation in the project uncertain.