Skip to main content

Nepali scholar praises Belt and Road Initiative as model of economic development

KATHMANDU, Dec. 29 (Xinhua) -- The Belt and Road Initiative has appeared as one of the biggest economic development models around the globe in the past few years, a Nepali scholar and former top government official said on Friday.

In his book entitled "South Asia China Geo-economics," Yubaraj Sangroula, the former attorney general of Nepal, has highly praised the China-proposed Belt and Road Initiative, explaining that the it has followed the principle of open participation with a principle of cooperation on equal footing.

Mentioning the Belt and Road Initiative as a model of economic development, the author stated it maintains the principle of inclusive partnership of nations in development endeavors without any threat to the national sovereignty of the participating country.

Proposed by China in 2013, the Silk Road Economic Belt and the 21st Century Maritime Silk Road Initiative aims to build a trade and infrastructure network connecting Asia with Europe and Africa through the ancient trade routes of Silk Road.

"Most importantly, it gets rid of traditional, hegemonic or colonial nature of cooperation," Sangroula said in the book talking about the nature of the cooperation under the Belt and Road Initiative framework.

The initiative has intended to reshape the existing globalization that is characterized by dispositions of colonial and confrontational underpinnings, the author, who is also the founding executive director of Kathmandu School of Law based in Bhaktapur, has argued in the book.

"Tangibly, the development model of BRI consists of Eurasian transport network integrating multi-dimensional interconnected network of railways, highways, aviation, navigation, oil and gas pipelines, electric transmission lines and communication. These networks intend to create a rich sphere of interconnectedness with shared benefits to all stakeholders," the author stated.

Sangroula said landlocked countries like Nepal, who have joined the Belt and Road Initiative, are going to become the greatest beneficiaries of the Belt and Road model.

"The BRI has bigger prospects to bring for the landlocked countries in access of global markets, as indispensable partners of the inclusive development," the author added.

The book was launched by former Nepali prime minister Jhalanath Khanal in Kathmandu on Friday in the presence of eminent personalities from media, academic field and political parties among others.




http://www.xinhuanet.com/english/2018-12/29/c_137706845.htm

Comments

Popular posts from this blog

The Rise of China-Europe Railways

https://www.csis.org/analysis/rise-china-europe-railways

The Rise of China-Europe RailwaysMarch 6, 2018The Dawn of a New Commercial Era?For over two millennia, technology and politics have shaped trade across the Eurasian supercontinent. The compass and domesticated camels helped the “silk routes” emerge between 200 and 400 CE, and peaceful interactions between the Han and Hellenic empires allowed overland trade to flourish. A major shift occurred in the late fifteenth century, when the invention of large ocean-going vessels and new navigation methods made maritime trade more competitive. Mercantilism and competition among Europe’s colonial powers helped pull commerce to the coastlines. Since then, commerce between Asia and Europe has traveled primarily by sea.1Against this historical backdrop, new railway services between China and Europe have emerged rapidly. Just 10 years ago, regular direct freight services from China to Europe did not exist.2 Today, they connect roughly 35 Chinese…

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میںPlease help the deserving persons...Salary:Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows;Welder: Rs. 1,700 dailyHeavy Duty Driver: Rs. 1,700 dailyMason: Rs. 1,500 dailyHelper: Rs. 850 dailyElectrician: Rs. 1,700 dailySurveyor: Rs. 2,500 dailySecurity Guard: Rs. 1,600 dailyBulldozer operator: Rs. 2,200 dailyConcrete mixer machine operator: Rs. 2,000 dailyRoller operator: Rs. 2,000 dailySteel fixer: Rs. 2,200 dailyIron Shuttering fixer: Rs. 1,800 dailyAccount clerk: Rs. 2,200 dailyCarpenter: Rs. 1,700 dailyLight duty driver: Rs. 1,700 dailyLabour: Rs. 900 dailyPara Engine mechanic: Rs. 1,700 dailyPipe fitter: Rs. 1,700 dailyStorekeeper: Rs. 1,700 dailyOffice boy: Rs. 1,200 dailyExcavator operator: Rs. 2,200 dailyShovel operator: Rs. 2,200 dailyComputer operator: Rs. 2,200 dailySecurity Supervisor: Rs. 2,200 dailyCook for Chinese food: Rs. 2,000 dailyCook…

Balochistan to establish first medical university

https://www.dawn.com/news/1366135

The Newspaper's Staff CorrespondentOctober 25, 2017QUETTA: The provincial cabinet on Tuesday approved the draft for establishing a medical university in Balochistan.Health minister Mir Rehmat Saleh Baloch made the announcement while speaking at a press conference after a cabinet meeting.“The cabinet has approved the draft of the medical university which would be presented in the current session of the Balochistan Assembly,” he said, adding with the assembly’s approval the Bolan Medical College would be converted into a medical university.Published in Dawn, October 25th, 2017