According to Radio Free Asia, the oil project is a crucial component of Chinese President Xi Jinping's Belt and Road initiative, which aims to enhance global supply chains and infrastructure.
The Ministry of Foreign Affairs of Nepal on Tuesday released a full 10-page framework for the Belt and Road Cooperation that was signed between Nepal and China during Nepal Prime Minister KP Oli's visit in China last week.
Nepal and China on Wednesday signed a "Framework for Belt and Road Cooperation" during the visit of Prime Minister KP Sharma Oli by replacing 'grant financing' with "aid financing."
Taiwanese President William Lai's stopovers in Hawaii and Guam during his first overseas trip to Taiwan's Pacific diplomatic allies highlight efforts by Taiwan and the US to counter China's Belt and Road Initiative (BRI), the Taipei Times reported on Tuesday, citing a Taipei-based security e
Former US House Speaker Nancy Pelosi expressed strong support for Taiwan's inclusion in international organisations during a phone call with President Lai Ching-te, emphasising its importance for regional security and the global economy. The discussion highlighted Taiwan's bipartisan backing
Leading a delegation of more than 87 members, Nepali premier Oli left for Beijing with all eyeing on possible agreements to be signed in the Chinese capital
Lai arrived in Hawaii on Saturday for a two-day stopover on his visit to Palau, Marshall Islands, and Tuvalu, and is due to make a stopover in Guam while on his return to Taiwan.
The Ministry said that Rana will be holding a meeting with Chinese counterpart during her three-day visits along with the preparatory talks about Prime Minister KP Sharma Oli's expected visit on the first week of December.
Nepal's ruling parties-Nepali Congress and CPN-UML (Communist Party of Nepal- Unified Marxist Leninist) are at loggerheads over Belt and Road Initiative (BRI) as Oli announced a visit to China from December 2.
Nepali Prime Minister KP Sharma Oli is expected to visit China in November, officials from the Nepali Prime Minister's Office (PMO) and the Foreign Ministry told ANI.
New Delhi [India], October 11: In 'The End of the Chinese Century?', journalist Bertil Lintner takes us through the history of the BRI and China's global expansionist plans.