Kathmandu, 28 Mar (HS): The refusal of Nepal’s Foreign Affairs Minister Narayankaji Shrestha to sign the ambitious Belt and Road Initiative (BRI) has incurred the wrath of China. The Chinese Embassy in Kathmandu has dispatched a diplomatic letter to Shrestha’s ministry, expressing Chinese discontent.#Nepal #BeltAndRoadInitiative #China
Following Nepal’s rejection to sign the BRI, China is reportedly pressuring Nepal to repay loans extended for the construction of the Pokhara Airport.#PokharaAirport #LoanRepayment #ChinesePressure
Foreign Secretary Seva Lamsal has confirmed the receipt of the diplomatic note from China. In the note, China has refused to reduce the interest on the loan, despite a request by the Nepal Government. Lamsal stated that the Nepal Government has officially declined to consider Pokhara Airport as a part of the BRI.
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