Nepali Prime Minister KP Sharma Oli's recent visit to China marks a significant milestone in fostering trans-Himalayan economic cooperation and reinforcing China's neighborhood diplomacy towards peaceful coexistence. During their meeting on December 3, both leaders expressed a mutual commitment to strengthening their strategic partnerships.
President Xi Jinping highlighted Nepal's pivotal role in China's regional diplomacy, emphasizing the shared vision of development and prosperity between the two nations. With next year commemorating the 70th anniversary of their diplomatic relations, both countries are poised to build upon their rich shared history, cultural heritage, and common goals for modernization.
The strengthening of ties is underpinned by Nepal's reaffirmation of the one-China principle and its stance against any territorial disputes that may undermine Sino-Nepal relations. This mutual understanding sets a robust foundation for expanding strategic, trade, and economic cooperation.
The visit led to the signing of nine key agreements spanning infrastructure development and trade cooperation, elevating bilateral relations to an unprecedented level. A joint statement reaffirmed the dedication of both nations to enhance coordination and promote high-quality cooperation. As part of this initiative, China has pledged $20 million in budgetary support and $41 million in economic and technical assistance to Nepal.
Collaborative projects, such as the Pokhara International Airport—dubbed Nepal's \"national pride project\"—exemplify the joint efforts under the Belt and Road Initiative (BRI). From enhancing power grids to fostering people-to-people exchanges, these initiatives are set to advance Nepal's socioeconomic development, reflecting the enduring friendship and strategic partnership between China and Nepal.
Reference(s):
cgtn.com
