BCN-37 Nepal willing to enhance cross-border connectivity, economic cooperation with China under B&R: PM

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ZCZC

BCN-37

NEPAL-CHINA-BORDER-CONNECTIVITY-B&R

Nepal willing to enhance cross-border connectivity, economic cooperation
with China under B&R: PM

KATHMANDU, June 21, 2018 (BSS/Xinhua) – Nepal wishes to enhance cross-
border railroad connectivity, infrastructure development, trade, investment
and tourism cooperation with China under the framework of Belt and Road
Initiative, Prime Minister of Nepal, K.P. Sharma Oli, said here ahead of his
visit to China.

The Nepali Prime Minister, who is embarking on a five-day visit to China
on Tuesday, told Xinhua during an interview that his country is fully
committed to implementing the Memorandum of Understanding (MoU) on
cooperation under the framework of the Belt and Road Initiative signed with
China two years ago.

His government has formed a mechanism to implement projects under the Belt
and Road Initiative and various ministries are working for the same target,
the prime minister said.

The prime minister said that the Nepali side wants to discuss with the
Chinese side cooperation modality in implementing projects under the Belt and
Road framework during his visit to China.

“Our two countries have common views on the concept of Trans-Himalayan
Multi-Dimensional Transport Network. Based on this broad framework, we want
to seek cooperation with China on cross-border connectivity of railway, road,
transmission lines and other related areas for mutual benefit,” Oli said.

Nepal has viewed the Belt and Road Initiative as an important development
initiative, he said.

The prime minister said Nepal has recently proposed some projects in the
areas of roads, railway, energy, transmission line for cooperation with China
under the B&R framework.

While talking about Nepal’s ties with China, Oli said that the Government
of Nepal attaches great value to its relationship with China.

“China is our immediate neighbor. Our two countries share a long history
of friendly relations which are multifaceted and deep rooted.”

“Our relations are based on the solid foundation of the Five Principles of
Peaceful Coexistence,” he said, reiterating the country’s long-standing one-
China policy. He vowed not to allow the use of Nepali territory in engagement
of any activities against China.

“On its part, China has always respected Nepal’s sovereignty, territorial
integrity and independence. It has been providing valuable assistance for
Nepal’s development efforts. Harmonious co-existence founded on the principle
of good neighbourliness characterizes our relationship. It has always been
our sincere desire to maintain friendly relations with our neighbors,” he
said.

The prime minister said that he is looking forward to having substantive
discussions with the Chinese leaders on ways and means to further widen and
deepen bilateral relationship and areas of cooperation.

“I am hopeful that my visit will provide an excellent opportunity to build
on our existing friendly relations further and expand the scope of our
overall bilateral cooperation,” he said.

He believed that China can help a lot in his country’s socio-economic
transformation as Nepal is marching ahead to achieve economic prosperity at
present.

BSS/XINHUA/HR/1300