Nepal hopes for Chinese finance during Xi visit

China is expected to push BRI projects.

Updated - October 12, 2019 10:49 pm IST

Published - October 12, 2019 10:34 pm IST - Kathmandu

Chinese President Xi Jinping speaks with Nepalese President Bidhya Devi Bhandari at a banquet at Soltee Hotel in Kathmandu, Nepal.

Chinese President Xi Jinping speaks with Nepalese President Bidhya Devi Bhandari at a banquet at Soltee Hotel in Kathmandu, Nepal.

Nepal rolled out the red carpet on Saturday for China’s President Xi Jinping as authorities rounded up Tibetans to prevent protests during his stay.

Mr. Xi is making the first state visit by a Chinese leader to Nepal in 23 years following his two days of talks in India.

Mr. Xi is expected to push Beijing’s controversial Belt and Road infrastructure (BRI) initiative.

Mr. Xi said said he would use the two-day visit to “renew friendship and explore cooperation with my Nepali friends”. “It is important that we adopt a strategic and long-term perspective and draw up a blueprint for our bilateral relationship to take it to a new height in this new era,” Mr. Xi added.

The International Campaign for Tibet said at least 18 people were arrested ahead of Mr. Xi’s arrival.

Nepal is seeking closer ties and much-needed energy and infrastructure investment from its giant neighbour.

“This visit has historic significance for Nepal. Our priority is to create opportunities for Nepal, joining it to China’s development. We are focusing on connectivity between the two countries,” said Nepal’s Foreign Minister Pradeep Gyawali.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.