all-party consensus: An all-party consensus exists where Nepal should reap the benefits of the BRI to meet domestic development and prosperity requirements, according to Global Times China. All concerned parties have expressed unwavering commitment. Not long after the inception of the initiative, the Nepali government made a full commitment to join. However, progress has been slow when it comes to selecting and executing BRI projects. Another reason is the lack of government willpower to make decisions regarding the BRI. Nepal signed a Memorandum of Understanding pertaining to the BRI in May 2017, and though it has been more than two years since the signing of document, there has not been enough progress in selection of projects. International pressure is the main reason for the delays.
(news.financializer.com). As
reported in the news.
Tagged under all-party consensus, government willpower topics.