Nepal outlines five priority areas under Belt and Road Initiative
Kathmandu / Apr 21: Nepal has prioritized the transport connectivity, inter-state electricity transmission line, modernization of agriculture, tourism promotion and development of people to people relations under the Belt and Road Initiative.
Talking to media persons at TIA upon his arrival from China today, Minister for Foreign Affairs Pradeep Kumar Gyawali said he informed the Chinese officials about Nepal’s priority area for Chinese support under the BRI.
The Chinese side said some investment was made in Nepal, and urged for easing the atmosphere for further investment, according to him. They also underscored the need of completing project on time to bring in additional capital and technology, he added. The Minister told the media that he requested the Sichuan Province government to ease the entry of Nepali products, so that Nepal’s trade deficit with China would decline.
According to him, establishment of a mechanism on bilateral coordination and implementation of projects funded by China was stressed during the visit.
Other issues that featured during the visit were feasibility study of railway from Keyrong to Kathmandu-Pokhra-Lumbini and preparation of detailed project report on it, upgrading of Rasuwagadhi-Keyrong and Tatopani-Jhyangmu border points. RSS