Nepal can also benefit from China’s GDI: UML vice chairman Paudel
Kathmandu, March 30: Vice chairman of the UML Bishnu Prasad Paudel while addressing the Boao Forum for Asia (BFA) held in Hainan Province of China on Thursday on behalf of Nepal, said that China has prioritized poverty alleviation, food security, climate change, and digital development through the Global Development Initiative, (GDI)), introduced the concept and said that Nepal can also benefit from it, according to his secretariat
Paudel also informed that Nepal is also among the growing number of countries that support the objective of this concept, which is in line with Nepal's own development priorities, and the Nepal government has recently decided to join the GDI group, maintaining its commitment to this.
Mentioning the fact that the basic principle of GDI is in line with Chinese President Xi Jinping's vision of a common future for mankind and that it emphasizes world peace and interconnectedness, he said, "A truly common future can only be realized when all developed and developing nations have equal opportunities for progress and prosperity." receive.
Former finance minister Paudel said, “Nepal, a close neighbor of China, can also benefit significantly from the success of GDI. We are confident that increasing cooperation in areas such as infrastructure development, technology transfer, and capacity building will accelerate Nepal's national development efforts. We are also looking forward to carrying out projects that will bring changes to our economy and address the specific development needs of Nepal”.
Explaining the need to accept and address its challenges, to ensure that the goal of sustainable and equitable development of GDI is achieved, he said that it is necessary to remove concerns about its transparency and debt sustainability.
People’s News Monitoring Service.
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