NepaltointensifycooperationwithChinaunderBeltandRoadInitiative-PeoplesDailyOnline

Tuesday, May 9, 2017SearchArchiveChineseChineseJapaneseFrenchSpanishRussianArabicKoreaGermanPortugueseHomeOpinionsBusinessMilitaryWorldSocietyCultureTravelScienceSportsSpecial CoveragePhotoVideoEnglishNepal to intensify cooperation with China under Belt and Road Initiative(Xinhua)    09:23, May 09, 2017KATHMANDU, May 8 (Xinhua) — Nepal will intensify its cooperation with China within the framework of the China-proposed Belt and Road Initiative, officials said on Monday.Proposed in 2013, the Belt and Road Initiative refers to the Silk Road Economic Belt and the 21st Century Maritime Silk Road, aiming at building a trade and infrastructure network connecting Asia with Europe and Africa along the ancient trade routes of Silk Road.The Nepalese government decided at a Cabinet meeting on Monday to sign a Memorandum of Understanding (MoU) with China to ensure the countrys participation in the initiative, Commerce Minister Romi Gauchan Thakali told Xinhua.Nepals decision to join the Belt and Road Initiative came following rounds of negotiations for months between the two countries on jointly promoting the initiative, officials said.”We believe that Nepals participation in the Belt and Road Initiative will create a win-win situation for both countries in the fields of cross-border road, air and railway connectivity, investment, trade, business, commerce as well as establishing cross-border economic zones,” a senior official at the Nepals Ministry of Foreign Affairs told Xinhua on Monday.var addthis_config = {“data_track_addressbar”:false};(For the latest China news, Please follow Peoples Daily on Twitter and Facebook)(Web editor: Hu Ximeng, Bianji)Add your comment/* * * CONFIGURATION VARIABLES: EDIT BEFORE PASTING INTO YOUR WEBPAGE * * */var shortname=window.location.host;var disqus_shortname=;var disqus_identifier=;if (shortname==en.people.cn){disqus_shortname=enpeople;disqus_identifier = 9212703;}/* * * DONT EDIT BELOW THIS LINE * * */(function() {var dsq = document.createElement(script); dsq.type = text/javascript; dsq.async = true;dsq.src = // + disqus_shortname + .disqus.com/embed.js;(document.getElementsByTagName(head)[0] || document.getElementsByTagName(body)[0]).appendChild(dsq);})();Please enable JavaScript to view the comments powered by Disqus.Related readingChina Focus: Internet cooperation benefits countries along the Belt and RoadBelt and Road Forum a dreamed venue to discuss digital silk road: European expertRomantic love story brightens up Silk RoadInterview: UNESCO chief lauds Chinas efforts promoting cultural dialogues along Belt and RoadNepal to sign MoU with China on Belt and Road Initiative: PMChina to promote PPP model in Belt and Road InitiativeChinese experts optimistic about Sino-Indian cooperation in ‘Belt and Road’‘Belt and Road construction promotes counter-terrorism efforts through global cooperationChinese “Belt and Road” Initiative will benefit Russia, expertChina, Nepal pledge closer cooperation for common developmentFull coverageBelt&Road ForumWe RecommendTop 10 Chinese tech and engineering marvels
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