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China welcomes Nepal to join Belt and Road initiative

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China welcomes Nepal to join Belt and Road initiative

China welcomes Nepal to join Belt and Road initiative
2015-03-29 09:02 Xinhua Web Editor: Si Huan

AIIB.Nepal.Invited.jpg

Chinese President Xi Jinping (R) meets with Nepalese President Ram Baran Yadav in Boao, south China's Hainan Province, March 28, 2015. (Xinhua/Pang Xinglei)

Chinese President Xi Jinping met with Nepalese President Ram Baran Yadav during the 2015 Boao Forum for Asia (BFA) in South China's Hainan Province on Saturday, welcoming Nepal to participate in the Belt and Road cooperation.

Welcoming Yadav to the annual conference, Xi said China-Nepal relationship is a model of peaceful coexistence and mutually beneficial cooperation between big and small countries.

We cherish the traditional friendship with Nepal, said Xi, adding that China is willing to be Nepal's good friend of mutual respect and mutual support, good partner of common development and common prosperity and good neighbor of mutual assistance in security.

As this year marks the 60th anniversary of the establishment of China-Nepal diplomatic ties, Xi called on the two sides to be well prepared for a series of commemorative activities.

He suggested the two countries should strengthen cooperation in traffic inter-connectivity, infrastructure, hydro-power development, modernization of agriculture, science and technology.

China is willing to initiate the negotiations on Free Trade Agreement with Nepal at an early date, he said, also calling on the two sides to enhance law-enforcement and security cooperation.

China appreciates Nepal's firm support on issues concerning China's core interests, including issues related to Tibet and Taiwan, said the president.

China will continue to support Nepal's effort in safeguarding independence, sovereignty and territorial integrity, he added.

Xi voiced the hope that Nepal would not allow any forces to use Nepal's territory to engage in anti-China separatist activities.

He also called on the two sides to beef up cooperation in the areas of youth exchanges and tourism and enhance coordination on multilateral occasions to safeguard their common interests.

Yadav said Nepal would never allow its territory to be used by any anti-China activities.

Nepal supports China's initiatives of jointly building the Silk Road Economic Belt and 21st-Century Maritime Silk Road as well as the Asian Infrastructure Investment Bank (AIIB), said Yadav.

Nepal calls for strengthened cooperation between the South Asian Association of Regional Cooperation (SAARC) and China, in a bid to promote regional inter-connectivity and economic development, he said.

Nepal appreciates China's important and positive role in international affairs and hopes to enhance cooperation with China, he added.
 
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Xi announces Rs 14b in new aid
  • Money to be used to upgrade Araniko Highway, build transport infrastructure
- NIRMAL SHRESTHA

HONG KONG, MAR 29 - Chinese President Xi Jinping announced a 900 million RMB (Rs14.5 billion) economic package to Nepal during a meeting with President Ram Baran Yadav at Boao of Hainan province in China on Saturday.

The assistance will be used to upgrade the 115-km Araniko Highway that links Nepal with China, and to develop the transport infrastructure.

The aid was announced during a bilateral meeting of President Yadav and his Chinese counterpart on the sidelines of the Boao Forum for Asia Annual Conference. The meeting was held at the State Guesthouse for about half an hour. The meeting is the first between the heads of state of the two countries after Nepal was declared a republic in 2008.

The aid is on top of the annual Chinese assistance to Nepal that was recently increased from 150m RMB to 800m RMB (approximately Rs13 billion).

During the bilateral meeting, the Chinese government also announced 1,500 training slots for Nepalis in technical and non-technical sectors over the next five years.

Acting Foreign Secretary Shanker Das Bairagi said President Yadav also reminded Xi about his invitation to visit Nepal. “The Chinese President said he would visit Nepal at a convenient time in future. Xi expressed his concerns for timely constitution in Nepal,” he added.

According to Nepali Ambassador to China Mahesh Maskey, Xi assured Chinese support for economic and social development of Nepal. “China is ready to provide technical assistance for the development of agricultural in Nepal,” he said.

President Yadav addressed the conference on Saturday morning. He said that the Forum had a crucial role of bringing Asian nations closer. He invited investments in infrastructure development, hydropower, agriculture, tourism and information technology in Nepal. President Yadav also met Austrian President Heinz Fischer and Swedish Prime Minister Stefan Lofven on the sidelines.
 
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Shaking hands with an Indian puppet...
and missing the former prince
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who was killed by his uncle with Indian origin.
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