Nepal's CPN (UML) Vice-Chairperson Praises China's Global Development Initiative at Boao Forum

CPN (UML) Vice-Chairperson Bishnu Prasad Poudel lauded China's leadership in spearheading the Global Development Initiative (GDI) during his address at the Boao Forum for Asia (BFA) in China's Henan province. Poudel expressed optimism regarding Nepal's potential to derive substantial benefits from the GDI, highlighting its focus on crucial areas such as poverty alleviation, food security, climate resilience, and digital advancement.

Emphasizing the alignment of the GDI's priorities with Nepal's development agenda, Poudel disclosed Nepal's recent decision to join the Group of Friends of the GDI. He noted the growing international support for the initiative, underscoring its core principles mirroring President Xi Jinping's vision of a shared global future characterized by peace and interconnectedness.

Poudel underscored Nepal's strategic proximity to China and emphasized the transformative potential of increased collaboration in areas like infrastructure, technology transfer, and capacity building. He expressed confidence that such partnerships facilitated by the GDI would accelerate Nepal's national development endeavors and address its specific developmental challenges.

Addressing pertinent concerns such as transparency and debt sustainability, Poudel advocated for robust concessional financing, knowledge exchange, and tailor-made projects catering to the needs of developing nations within the GDI framework. He underscored Nepal's commitment to multilateralism and active engagement in shaping the GDI's discourse and broader international forums.

Concluding his remarks, Poudel envisioned the GDI as a catalyst for fostering global prosperity, peace, and sustainability. He reaffirmed Nepal's readiness to collaborate with China and like-minded partners to advance inclusive development agendas beneficial to all stakeholders.