Nepal signs framework agreement with China on Belt and Road initiative after years of delay
“Nepal has signed a framework agreement with China to move forward on the Belt and Road Initiative (BRI), the country’s foreign ministry announced on Wednesday. This development comes seven years after an initial pact was signed in 2017, marking a significant step toward implementing infrastructure projects under China’s ambitious global connectivity program.”
“Breaking with tradition, [Nepal’s Prime Minister] Oli chose China over India for his inaugural visit, signaling a shift in Kathmandu’s diplomatic priorities. Historically, Nepal has maintained strong cultural and economic ties with New Delhi.”
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