Nepal PM Oli Deepens China Ties with BRI Deal
Nepal PM Oli Deepens China Ties with BRI Deal

Nepal PM Oli Deepens China Ties with BRI Deal

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Nepal's Prime Minister KP Sharma Oli's visit to China marks a significant departure from Nepal's traditional diplomatic engagements, which historically prioritized India. This visit underscores Nepal's deepening ties with China, particularly through the Belt and Road Initiative (BRI), as both countries celebrate 70 years of diplomatic relations next year. During the visit, a framework agreement was signed, advancing infrastructure projects that had been stalled due to a lack of formal cooperation. Despite the potential benefits, this cooperation raises debt concerns within Nepal's coalition government, with differing views on reliance on Chinese loans. President Xi Jinping has reaffirmed China's support for Nepal's independence and development, emphasizing strategic partnership and infrastructure cooperation under the BRI. The visit highlights Nepal's strategic navigation between China and India, aiming to transform from a landlocked to a land-linked nation through enhanced connectivity projects.

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