Thursday, July 25, 2019

BRI should be utilized for two countries' benefits

Nepal’s joining of the belt and road initiative (BRI) will benefit both Nepal and China, according to vice president Nanda Bahadur Pun.
“It was a matter of pride for Nepal to join the BRI launched by the Chinese president Xi, he said addressing a meeting with deputy governor of Yunnan Province of China at his residence, Green House, today.
The vice president reminded that Nepal had moved ahead with the campaign of 'prosperous Nepal, happy Nepali' and foreign investment was imperative for Nepal's development. “We expect maximum investment from Chinese companies," he said, adding that modernisation of agriculture, infrastructure development for tourism, excavation of minerals and processing of herbs are some of the potential areas for investment in Nepal.
The visiting deputy governor, on the occasion, said that China and Yunnan Province are happy to have cooperation with Nepal in various sectors. “The Chinese President has stressed that Yunnan could be made a center for the expansion of relations with South Asian and South East Asian countries,” he added.

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