Kathmandu awaits Beijing’s nod on new BRI draft deal

Nepal prefers a case-by-case approach for infrastructure, energy and connectivity projects under the initiative.

The ruling Nepali Congress and the CPN-UML have finalised a revised draft of the framework agreement for Belt and Road (BRI) cooperation and sent it to China for consideration. This development comes as preparations intensify for Prime Minister KP Sharma Oli’s China visit, which was officially announced by Kathmandu and Beijing on Friday.