Experts emphasize economic diplomacy with China to make Nepal prosperous

By TRN Online, Kathmandu, Feb 22: Experts have suggested learning the lesson from China to achieve the target of making Nepal prosperous. Participants of 'Nepal-China Partnership: Advancing Nepal's Financial Growth' organized by Friends on the Cloud: Platform of Influencers Nepal, in Kathmandu on Saturday put their views in the regard.

Speaking at the programme, a Faculty Member of the Department of International Relations and Diplomacy, TU, Dr Keshab Basyal said that stakeholders should learn without prior judging from China by maintaining economic diplomacy.  

"Ideological judgments before taking benefits or support from China is our key problem, to gain economic prosperity economic diplomacy is needed by negotiation with China." Dr Basyal said. He also suggested stakeholders form evidence-based plans and policies to achieve long-term targets.   

National Planning Commission member of Lumbini province Dr Sudan Kumar Oli viewed that component-wise comparison and learning from China are needed to achieve the goal of making a prosperous Nepal. 

"We are seeing China now capitalise on Artificial Intelligence (AI) which was planned since the 1990s. On the other hand, we have only been discussing the same topic for more than 70 years." Lumbini NPC member Dr Oli added, ''So our generalization approach should be changed and activities should be centred for prosperous Nepal.''

He also mentioned that tourism, human capital development, technology transfer and high-level technology use are key sectors in Nepal to become prosperous. 

Infrastructure expert Lal Krishna KC put his view that Infrastructure development is a must for economic development. "A fragile economy suffers from any global changes like war so we should utilize our local resources and by developing infrastructure."  

Mentioning it as an opportunity and challenge both for Nepal being attached to giant economic nations, Information Technology expert Basanta Ban said that Nepal should catch the pace of IT development for which Nepal can learn a lot from China for the development. 

Speaking at the programme Chairperson of Friends on the Cloud: Platform of Influencers, Nepal, Sovit Upreti said that to develop the country Nepal should learn from China in various sectors.