Press Release on Rt. Hon’ble PM’s speech at the Renmin University, Beijing

Press Release


Prime Minister Rt. Hon’ble K.P. Sharma Oli delivered a speech at the Renmin University, Beijing on the theme “Nepal-China Relations in the context of One Belt One Road Initiative.”

The Prime Minister, in his speech, said Nepal and China, the lands of Lord Buddha and Great Confucius had a long history of harmonious relationship with each other and that both cooperated in the areas of culture as well as commerce and had exchanges in the areas of trade, cultures as well as civilizations.

On ‘One Belt One Road’ initiative, the Prime Minister underscored the need for developing infrastructures within and beyond Asia to bring people together and create a win-win situation for all. Belt and Road initiative should create inclusive cooperation to realize positive-sum development and to contribute towards establishing Asia in the forefront of global dynamics, the Prime Minister added.

The Prime Minister expressed hope that Nepal would benefit from ‘One Belt One Road’ initiative especially in the areas of connectivity and infrastructure development. The Prime Minister also spoke about his meetings he had with the President and with his counterpart in this regard. Intellectuals, faculty members, students, members of the Nepalese delegation attended the program.

Likewise, the Prime Minister addressed the business community from Nepal and China at a joint program organized at China Center for Promotion of International Trade (CCPIT) and called for increased interaction between the private sectors of two countries to expand trade, promote investment and tourism.

The Prime Minister said that Nepal offered attractive incentives for foreign investment in almost every sectors including infrastructure building, manufacturing, hydropower, tourism, services, IT, mining and agro-based industries, etc. He also expressed the commitment of the Government of Nepal to further reform the investment policy regime to that end. A large number of business people and entrepreneurs were present on the occasion.

Later in the afternoon, Mr. Jin Liqun, President of Asian Infrastructure Investment Bank (AIIB) called on the Prime Minister. During the meeting, the role and priority of the newly established Bank in funding infrastructure projects were discussed.

Also today, the Prime Minister had an interaction with representative of Chinese media at the Embassy of Nepal in Beijing on various aspects of bilateral relations between Nepal and China.

In the evening, H.E. Dr. Mahesh Kumar Maskey, Ambassador of Nepal to China hosted a dinner in honor of the visiting Prime Minister and members in his delegation. Representatives of diplomatic corps, former ambassadors of China to Nepal, friends of Nepal, businessmen and Nepalese people residing in Beijing attended the program.


Embassy of Nepal
Beijing, China
22 March 2016