In what appears to be a delicate balance between major powers, the Nepal Communist Party (NCP) led government of KP Sharma Oli is slowly but gradually taking steps to benefit economically from China.
Two significant developments in recent weeks clearly show that Nepal wants to join China’s Belt and Road Initiative (BRI) and use Chinese routes and ports in order to lessen its heavy dependence on India. Though there has been some delay in the selection of specific projects under BRI, with the exception of the cross-border Kerung-Kathmandu railway, Nepal has shown unwavering attraction to BRI.
Two significant developments in recent weeks clearly show that Nepal wants to join China’s Belt and Road Initiative (BRI) and use Chinese routes and ports in order to lessen its heavy dependence on India. Though there has been some delay in the selection of specific projects under BRI, with the exception of the cross-border Kerung-Kathmandu railway, Nepal has shown unwavering attraction to BRI.
