Wednesday, June 15, 2022

‘Nepal has to move ahead with BRI projects’

Lalitpur, June 12

Experts have stressed on developing a robust think tank system in the country to support and guide the government in foreign policy matters.

Speaking at a dialogue on 'BRI: International experience and Nepal' organised by News Society Nepal on Saturday, they said that think tanks may offer pragmatic solutions while a country is in a diplomatic fix like the Millennium Challenge Corporation's Nepal Compact project or infrastructure development under Belt and Road Initiative.

However, Security Expert Geja Sharma Wagle said that it was difficult to operate a think tank in Nepal due to the scarcity of funds. "Government doesn't promote think tanks while foreign donors have their own interests," he said.

Wagle said that it was unfortunate that Nepalis are in the wrong discourse in labeling the affairs with China and the United States of America as BRI and MCC respectively. "They are just projects while our relations are multidimensional," he said.

He also stated that Nepal had an obligation to move ahead with the BRI projects as it had signed the agreement. But he suggested remaining aloof from the strategic rivalry between China and India.

Diplomatic historian of Sri Lanka, George IH Cooke, said that independent think tanks could be instrumental in leading the country on better path in foreign policy and affairs.

Stating that there are some motives behind every international support, he suggested to know them before accepting the development assistance. Giving example of Sri Lanka which is borrowing to repay its loan, Cooke said that a country should assess its capacity to repay the loan obtained to build an infrastructure project.

"Grants are hard to find these days, everyone is offering loan so caution should be taken," he said,

Bishwas Baral, Chief Editor of The Annapurna Express, said that military engagement in Nepal might cause Nepal to lose its decision power. "This is the risk," he noted.

Ajay Bhadra Khanal, Chief Editor of Ukaalo.com, said corruption and bad governance are the major challenges in Nepal, not projects like BRI.

Published in The Rising Nepal daily on 13 June 2022. 

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