18 March 2016

News Story: Nepal eyes South Asia's development through China's Belt and Road Initiative

KATHMANDU, March 17 (Xinhua) -- Nepal has regarded China's Belt and Road Initiative as a milestone to turn promising South Asia into a developed region in the world.

Addressing a seminar on "South Asia China Cooperation under One Belt One Road Initiative" held here on Thursday, Nepal spoke highly of the Chinese initiative which will create immense economic opportunities for the region.

"China's Silk Road Economic Belt initiative will connect Asia and Europe, creating more opportunities in trade, investment and infrastructure development in our region", Nepalese Minister for Industry Som Prasad Pandey said while addressing the seminar.

The minister further said that the economic belt would take the whole Asia into a new height by exploring development.

Read the full story at Xinhua