Nepal’s bold step into the belt and road initiative: A game-changer or a risky gamble?
Nepal’s recent signing of a framework agreement under China’s Belt and Road Initiative (BRI) has sent ripples through South Asia and beyond. The deal, which was sealed during Prime Minister K.P. Sharma Oli’s visit to China, signals a pivotal shift in Nepal’s foreign policy. It marks the formal culmination of a seven-year-old Memorandum of Understanding…