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BRI beneficial for all

By Our Reporter
Activities associated with the Belt and Road Initiative have also increased in Kathmandu in recent days. After Nepal became a part of the BRI, the ministers and political leaders have been busy attending the meetings, seminars and conferences of the BRI in China and even in home.
Recently, Kathmandu hosted the fourth International Conference on Belt and Road for Development and Prosperity of South Asia, in which the speakers said that the BRI would be beneficial for all the countries of South Asia.
Addressing the conference, Foreign Affairs Minister Pradeep Kumar Gyawali said South Asian states could benefit immensely from the Belt and Road Initiative, given its emphasis on connectivity.
Stating that the pursuit of development could not be realised without comprehensive connectivity, Minister Gyawali said the China-Pakistan Economic Corridor and the Bangladesh-China-India-Myanmar Economic Corridor under the BRI could play an instrumental role in boosting connectivity in the region.
He said connectivity was also important for a land-locked country like Nepal. He said BRI assistance could prove crucial in realising Nepal’s target of graduating to a middle-income country by 2030.
“We believe BRI is a reliable and result-oriented platform for cooperation,” Gyawali said.
On the occasion, Chinese Ambassador to Nepal Hou Yanqi said BRI could help boost economic and social development in the South Asian region.

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