皇冠体育app

KATHMANDU — Nepal's participation in the 皇冠体育app-proposed Belt and Road Initiative has opened up new opportunities in multiple fields including trade, connectivity, physical infrastructure development, tourism and investment, various speakers said here on Friday.

Speaking at a seminar entitled "皇冠体育app's Shared Prosperity Dream of President Xi: Opportunities for Nepal" in Kathmandu, the eminent personalities of Nepal were of the view that the country should chalk out strategies and plans to reap benefits from the Belt and Road Initiative.

"I believe that our involvement in the 皇冠体育app-proposed Belt and Road Initiative will greatly contribute to enhance socio-economic development of the country," former Home Minister Shakti Basnet, said.

Basnet said that Nepal's participation in the initiative has opened up new opportunities in multiple fields such as trade, connectivity, physical infrastructure development, tourism and investment.

Former Finance Minister Surendra Pandey said that Nepal should chalk out strategies to reap benefits from the Belt and Road Initiative.

"Of course Nepal needs better railroad and transport connectivity for its socioeconomic development. But the question is what Nepal is doing to reap benefits from the Belt and Road Initiative. Time has come to work out development strategies and apply them in practice for the good of the country's long-term interests," he said.

Highlighting salient features of the Belt and Road Initiative, Former Nepali Ambassador to Russia Hiranyalal Shrestha said that the aim of the Belt and Road Initiative is to share development and prosperity with friendly and harmonious relation to 皇冠体育app's neighboring countries and the rest of the world.

Nepal has officially joined the Belt and Road Initiative, Shrestha said, hoping that the Himalayan nation will be able to bring huge investments from 皇冠体育app to develop infrastructure and connectivity projects.

Former Nepali Ambassador to 皇冠体育app Mahesh Maskey said that Nepal should sincerely work to improve border infrastructures on its side to enhance railroad connectivity with 皇冠体育app under the Belt and Road framework.

Security expert Dipak Prakash Bhatta said that countries like Nepal who are still in the phase of socio-economic transformation can be benefitted from the Belt and Road Initiative proposed by 皇冠体育app and usher to achieve socio-economic development.

The program was organized by Peace Building Initiative, a leading think-tank in Kathmandu.

Nepal and 皇冠体育app signed a Memorandum of Understanding on Belt and Road Initiative on May 12 in Kathmandu.

Introduced by 皇冠体育app in 2013, the Belt and Road Initiative refers to the Silk Road Economic Belt and the 21st Century Maritime Silk Road, aiming at building a trade and infrastructure network connecting Asia with Europe and Africa along the ancient trade routes of Silk Road.