Prime Minister KP Sharma Oli has stated that the Belt and Road Initiative (BRI) agreement with China is extremely important for Nepal. During his visit to China, in an interview with China Media Group (CGTN), he mentioned that the objective of the BRI is to promote shared prosperity and overall development of the countries that are party to it, and that Nepal stands in support of this initiative.
“This time we have signed the implementation framework of the BRI. This is a very important agreement, similar to an umbrella agreement. Under this deal, there will be projects covering all areas including political, economic, social, cultural, educational, and others.”
He stated that this agreement would not only enhance the development strategies of Nepal and China but will also make a significant contribution to the fields of health and infrastructure development.
According to Prime Minister Oli, the BRI projects will be implemented in Nepal. He described this visit as his third successful visit and “particularly fruitful”.
“This time we signed BRI implementation framework. And it is a very important agreement, which is like an umbrella agreement, under which there will be so many projects, which covers all the areas, political, economic, social, cultural, and educational, and health, and infrastructure, developmental sectors,” he said.
“All are important, because if economic development is not there, other types of security cannot exist without economic security. Nothing can be truly good,” said Oli. “Hungry people can’t do anything. Economic prosperity comes first. And then, we want to make the people happy. To be happy, every person in the world must feel that he or she is safe.”
You can watch the full interview by clicking here
