Nepal Signs Belt and Road Agreement With China After Years of Delay
- THE CHINA NOW
- Dec 4, 2024
- 2 min read
Summary
Nepal signed a Belt and Road framework agreement with China, paving the way for long-delayed infrastructure projects.
Political debates over debt from Chinese loans remain a significant concern for Nepal’s coalition government.
The Chinese-funded Pokhara airport faces operational challenges, including limited international flights.
Nepal and China have signed a long-awaited framework agreement under the Belt and Road Initiative (BRI), marking a significant step forward after years of stalled progress. The announcement was made during Nepali Prime Minister K.P. Sharma Oli’s visit to Beijing, where discussions focused on deepening infrastructure and trade cooperation between the two nations.
