
The Belt and Road Initiative (BRI) is a debated topic with strong opinions on both sides. Western countries often focus on the potential downsides of BRI, while China emphasizes its goals and potential benefits. Nepal signed a BRI agreement in 2017 but hasn't made much progress yet. There's a lack of understanding about BRI within Nepal, even among many policymakers.
To best participate in BRI, Nepal needs to be aware of its advantages and disadvantages, the different ways BRI projects can be implemented, and how to negotiate deals that benefit Nepal's democracy and development.
This report, based on review of literature and interviews with Nepali experts, offers information on the global status, trends, and ongoing issues surrounding BRI to help Nepal approach the initiative in a well-informed way.