Wang will be the highest-ranking foreign dignitary to visit Nepal since the formation of the Nepalese government last year under the leadership of Sher Bahadur Tuba.
A statement from the Foreign Ministry on Monday said, “At the invitation of Foreign Minister Narayan Gadkari, Chinese State Councilor and Foreign Minister Wang Yi will visit Nepal from March 25 to 27, 2022.”
According to sources, several contracts were signed under the BRI at the time of the purchase.
Launched in 2013 at the initiative of Chinese President Xi Jinping, the BRI project aims to finance infrastructure projects around the world. Under this, China is trying to increase its influence around the world by using its foreign exchange reserves of US $ 3.21 billion.
It is noteworthy that Nepal and China had signed a memorandum of understanding under the BRI five years ago, but so far no project has been launched.
During his official visit, Wang will hold bilateral talks with Nepalese Foreign Minister Gaddafi.
According to a statement from Nepal’s Foreign Ministry, Wang will also meet with President Bidhya Devi Bandari and Prime Minister Sher Bahadur Tuba during his visit. There will be a bilateral meeting between Foreign Minister Gaddafi and Wang on March 26, 2022, in which they will lead the respective country’s representatives, “it said.
During his visit, Wang met with former Prime Minister and CPN-UML leader Q. P. Sharma Oli and Pushpa Kamal Dahal, leader of the CBN Maoist Center, will also meet Prachanda.
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