China proposes India-Nepal-China economic corridor through Himalayas

Wang said China and Nepal have already signed an MOU on the China’s multi-billion-dollar Belt and Road Initiative (BRI) in which connectivity cooperation is a part.

China on Wednesday proposed a India-Nepal-China economic corridor with multi-dimensional connectivity through the Himalayas as it seeks to expand its influence over the new Nepalese government headed by Prime Minister K P Sharma Oli, widely regarded as pro-Beijing. China’s proposal came after visiting Nepalese Foreign Minister Pradeep Kumar Gyawali held talks with his Chinese counterpart Wang Yi.
“Let me say China and Nepal have agreed on long-term vision of a multi-dimensional cross Himalaya connectivity network,” Wang told a joint press briefing along with Gyawali after their talks. Gyawali is on his maiden visit to Beijing after the Oli-led government came to power in recent elections.
Wang said China and Nepal have already signed an MOU on the China’s multi-billion-dollar Belt and Road Initiative (BRI) in which connectivity cooperation is a part.
It included a long-term vision such as connectivity network and covering the links between the two countries through ports, railways, highways, aviation, power and communications. “We believe that such a well-developed connectivity network can also create conditions for an economic corridor connecting China, Nepal and India,” Wang said.
“We hope that such cooperation will contribute development and prosperity for all the three countries,” he said. Reacting to a question whether Gyawali’s visit to China was aimed at counterbalancing the recent visit by Oli to India, his first visit abroad after taking over as Prime Minister, Wang sought to make out a case for trilateral cooperation between India, China and Nepal.
He said Beijing and New Delhi should facilitate it. “China, Nepal and India are natural friends and partners. We are neighbours connected by rivers and mountains. This is a fact that cannot be changed by whatever changes taking place in the world and inside the three countries,” Wang said.
“Support for Nepal’s development should be a common understanding between China and India. As two major emerging economies, China and India shall deliver the benefits to their neighbours Nepal included in their own development,” he said. “Nepal on its part should leverage its geographical advantage and connect China and India for greater development. Nepal stands as a natural beneficiary from cooperation from China and India. I think this is a logical desire that should be supported by China and India,” he said.
The pro-active initiatives by China came as Oli, who is widely regarded as pro-China, during his last tenure as Prime Minister signed a transit treaty with Beijing in 2016 ending the decades-long dependence on India for commodity and energy supplies for his landlocked country.
He also sought railway connectivity between the two countries through Tibet which China is currently building. Wang said Gyawali had given firm commitment for the ‘one China’ policy accepting Taiwan and Tibet as part of China. In an apparent reference to curtailment of Tibetan refugees crossing to Dharamsala through Nepal to meet the Dalai Lama, Wang said Nepal has agreed to not allow its territory to be used for anti-China activities.
Nepal values its “trouble less and trouble-free relationship”, with China, Gyawali said. In his talks with Wang, Gyawali said both sides comprehensively reviewed transit transport agreement, joint feasibility study of the China-Nepal free trade agreement signed during the previous visit Oli, he said.
“We extended our views on the draft protocol of the transit trade agreement and agreed to intensify negotiations in the coming days for its early finalisation,” he said. “We also shared views on the implementation of the MOU on the cooperation under the BRI. Nepal has expectation on the initiatives to contribute to the development of infrastructure, enhanced cross-border connectivity trough railways and roads, promotion of trade, tourism and investment and people to people contacts,” he said.

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South Punjab News : China proposes India-Nepal-China economic corridor through Himalayas
China proposes India-Nepal-China economic corridor through Himalayas
Wang said China and Nepal have already signed an MOU on the China’s multi-billion-dollar Belt and Road Initiative (BRI) in which connectivity cooperation is a part.
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