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Chinese Prez meets Prachanda; says China to boost border infra

September 25, 2023

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The Business Guardian

Chinese President Xi Jinping on Saturday vowed to help Nepal transform itself from a landlocked country to a land-linked nation by facilitating infrastructure connectivity and transit transportation cooperation as he met Prime Minister Pushpa Kamal Dahal ‘Prachanda’ here.

Chinese Prez meets Prachanda; says China to boost border infra

Xi met Prachanda on the sidelines of the Hangzhou Asian Games here in eastern China.

Prachanda, who politically distanced from the pro-China Communist Party of Nepal (Unified Marxist-Leninist) headed by KP Oli after becoming Prime Minister in December last year made his maiden visit to China after visiting India and the US.

In his meeting with Prachanda, Xi who made a high-profile visit to Nepal in 2019 and announced several high-profile projects said the two countries sharing borders through Tibet made progress with the ‘Trans-Himalayan Multi-Dimensional Connectivity Network’ and other ‘Belt and Road’ projects that have “taken shape”.

He urged efforts from both sides to promote infrastructure connectivity and expand transit transportation cooperation to help Nepal transform itself from a landlocked country to a land-linked country at an early date, state-run Xinhua news agency quoted him as saying.

The trans-Himalayan connectivity projects include road and rail connectivity being laid through the rugged Himalayan mountains connecting Nepal with Tibet. As a landlocked country, much of its imports go through India. China wants to weigh in to reduce Nepal’s dependence on India as part of efforts to expand its own influence. Critics however say that most of the Chinese projects in Nepal were stuck, including the border infrastructure as Beijing closed its borders during the COVID-19 pandemic.

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Camfil launches ISO-Compliant HEPA & ULPA filter facility in Manesar

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ICRA projects India’s Third-party data centre capacity to double by FY28

India’s digital backbone is set for a major boost as third-party data centre capacity is projected to double to 2,400 to 2,500 MW by FY28 from 1,250 MW in FY2025, supported by investments of nearly Rs 90,000 crore during FY 26-FY28, according to rating agency ICRA.

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Cubera Cube launches in India for smarter audience targeting

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Congress holds working committee meet in Patna

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