Oli expresses optimism to Global Governance Initiative proposed by Xi

Summary

Nepal's Prime Minister KP Sharma Oli expressed optimism about China's newly proposed Global Governance Initiative at the Shanghai Cooperation Organization summit, emphasizing revitalized multilateralism and Nepal's desire to join SCO as a full member.

Key Points
  • Chinese President Xi Jinping proposed the Global Governance Initiative (GGI) during the 25th Shanghai Cooperation Organization Summit.
  • Nepal's Prime Minister KP Sharma Oli expressed optimism about the GGI and emphasized the need for revitalized multilateralism.
  • Oli highlighted Nepal's desire to become a full member of the Shanghai Cooperation Organization, having been a Dialogue Partner since 2016.
  • Oli underscored challenges such as climate change, terrorism, and geopolitical tensions, calling for cooperation and adherence to rule-based global governance.
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