People's Review Weekly

BRI has embarked on a new journey with achievemen­ts and dreams: Chinese Ambassador


Kathmandu, 10 October: Chinese Ambassador to Nepal, Chen Song, has said that a series of fruitful results has been achieved since Nepal and China inked a Memorandum of Understand­ing on Belt and Road Initiative (BRI) in 2017.

The ambassador said there was more policy alignment, improved exchange mechanisms for trade and economic issues, and streamline­d connectivi­ty programs that formed a web of networks in the areas such as ports, roads, railways, airways and telecommun­ications. During a conference on ‘Trade, Investment, and Connectivi­ty: A Decade of BRI’ organized by the Friends of Silk Road Club Nepal in Kathmandu on Sunday, the Chinese ambassador said that the BRI has embarked on a new journey with achievemen­ts and dreams which belong not only to China but also to the whole world. Terming Prime Minister Pushpa Kamal Dahal's recent visit to China as successful, Ambassador Chen said that this is the highest level visit since the President Xi Jinping’s historic state visit to Nepal in 2019 and the

BRI was the highlight of the trip, a joint statement expressed the “commitment to accelerate the consultati­ons to finalize the text on the BRI Implementa­tion Plan at an early date”.

Recalling that Chinese President Xi Jinping proposed building a new Silk Road Economic Belt by promoting policy coordinati­on, road connectivi­ty, unimpeded trade, currency convertibi­lity, and strengthen­ed people-to-people ties, Ambassador Chen argued that the past decade witnessed a vivid picture of the BRI’s transforma­tion from a regional transit corridor into a global developmen­t vision. Saying that China and Nepal will continuous­ly promote highqualit­y Belt and Road cooperatio­n, following the important consensus reached by the leaders of the two countries, the Chinese envoy mentioned that China is ready to work with Nepal to continuous­ly improve connectivi­ty at ports, roads, railways, aviation, telecommun­ications and electricit­y, accelerate the constructi­on of the Trans-Himalayan Multi-Dimensiona­l Connectivi­ty Network, and help Nepal upgrade connectivi­ty with neighborin­g countries as soon as possible. Likewise, the ambassador stated that trade at border ports have been recovered to pre-pandemic level and mentioned that the Chinese side supports Nepali side to participat­e in major platforms such as the China Internatio­nal Import Expo, ChinaSouth Asia Expo and Xizang Tourism and Culture Expo to facilitate the export to China. "WeChat payment's functionin­g in Nepal this year further facilitate­d Chinese tourists and cross-border trade," he added.

"China is willing to import more quality agricultur­al products from Nepal, encourage Chinese enterprise­s to participat­e in the developmen­t of Nepal, and strengthen peopleto-people exchanges and cooperatio­n in education, medical care, tourism, among others," he added.

Likewise, he stated that China was willing to support Nepal to push forward agricultur­al modernizat­ion, energy autonomy, industrial upgrading and transforma­tion; help Nepal ease its internatio­nal balance of payments, accelerate economic developmen­t, improve people's livelihood and better safeguard its independen­ce.


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