Kathmandu and Beijing plan to expedite bilateral projects in Nepal
Summary
Nepal and China plan to expedite bilateral projects, including infrastructure and development programs under the Belt and Road Initiative, with high-level meetings scheduled to review progress and resolve bottlenecks.
Key Points
- Nepal and China plan to hold the third meeting of the Mechanism for Facilitation on the Implementation of Nepal-China Cooperation Programmes and Projects in early June.
- Key projects under Chinese assistance include the Syaphrubesi-Rasuwagadi Highway, Nepal-China Cross-border Railway, and Kathmandu Ring Road Improvement Phase II.
- Ten projects under the Belt and Road Initiative were agreed upon with some studies and agreements pending to expedite implementation.
- High-level delegations led by Foreign Secretary Amrit Bahadur Rai and Chinese Ambassador Zhang Maoming will discuss project status and solutions to expedite progress.
