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The recent meeting between Chinese President Xi Jinping and Nepal's Prime Minister Pushpa Kamal Dahal has shed light on the complex dynamics of their bilateral relationship, particularly regarding the Belt and Road Initiative (BRI) and security-related alliances.
Despite President Xi's assertion of progress in BRI cooperation and the development of the Trans-Himalayan Multi-Dimensional Connectivity Network, the reality appears far from optimistic. Nepal's refusal to join a security-related alliance, as insisted upon by China, is a significant sticking point. This stance, rooted in Nepal's non-aligned foreign policy, is a clear divergence from China's expectations.
Additionally, the funding mechanism for the Trans-Himalayan Multi-Dimensional Connectivity Network remains contentious. China proposes loans, while Nepal seeks grants to avoid the risk of falling into a debt trap.
The geopolitical landscape adds complexity, with China urging Nepal to embrace its Global Security Initiative (GSI) and Global Civilisational Initiative (GCI). Nepal's refusal to participate in security-related initiatives, citing concerns over alignment and sensitivity, complicates their diplomatic negotiations.
The Chinese aim to formalize these positions in a joint communique, but Nepal's resistance to security-related commitments poses a challenge.
Despite these obstacles, Nepal expresses support for various initiatives proposed by President Xi, emphasizing collaboration on international development and a shared future for mankind.
Overall, the negotiations between China and Nepal highlight the intricacies of balancing economic cooperation through the BRI with Nepal's commitment to its foreign policy principles and non-alignment stance, underscoring the challenging nature of their relationship.