Nepal: Will take up BRI projects with China soon

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KATHMANDU: Nepal and China will sign the implementation plan of the Belt and Road Initiative “very soon”, Deputy Prime Minister Narayan Kaji Shrestha has said, nearly seven years after the two neighbours inked an agreement to undertake ambitious Beijing-backed infrastructure projects in the Himalayan nation.

“Once we sign the implementation plan, we will move into the implementation phase,” Shrestha said. Nepal and China signed an MoU on the BRI in 2017. However, not a single project has either been executed or negotiated.