Belt Road Initiative and Nepal
– Biplav Dhakal The zeal of making a difference in the world by doing something for which you will be remembered on for years has existed in human beings throughout their evolution. This very zeal made our ancestors move out of their caves of Stone Age and build sky scrapers in the modern era. This very zeal caused huge technological advancements and the process doesn’t stop. And this very zeal has made China to propose the most ambitious project of modern history, the Belt Road Initiative. The BRI or the One Belt One Road was officially announced in 2013 by the newly elected president of People’s Republic of China, Xi Jingping. This project is meant to be the revival of the ancient Silk Road that existed thousands of years ago and it connected China with other different parts of the world. BRI will cover 4.4 billion people, 40% of world GDP and 39% of world land area. The BRI includes two components: Maritime Silk Road, which is the sea route and the Economic Belt, which is the land route. Under the project, different infrastructures such as pipelines, railways, highways, industrial parks, power plants, mines and so on will be built. The Belt Road Initiative is a multi trillion project aimed for regional integration and connectivity which will ultimately help for economic betterment of and increased cooperation among the signatory...
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