KATHMANDU: China has proposed to establish a China-South Asia Emergency Supply Mechanism and a China-South Asia Poverty Alleviation and Development Partnership Center, with five South Asian countries, including Nepal.
Nepal, Pakistan, Afghanistan, Bangladesh and Sri Lanka have given their consent to China’s proposal, a statement issued by the Chinese Foreign Ministry said.
The statement stated that the mechanism would be formed through friendly consultation with all parties.
China has said it would set up a cooperation mechanism with these countries in South Asia except Bhutan, India, and the Maldives.
It should be noted that a virtual discussion was organized between the foreign ministers of the six countries last week during which unity and mutual cooperation among the six countries to fight the COVID pandemic was discussed.
According to the proposal made by Chinese Foreign Minister Wang Yi, an assistance of Rs. 90 million would be provided for the purchase of essential health items against the COVID-19 pandemic.
Likewise, China has also proposed to establish a China-South Asia Poverty Alleviation and Development Partnership Center to revive the economy, according to the statement.
Meanwhile, China has also stated that South Asian countries, including Nepal, have expressed their support for China’s proposal to set up two plants.
According to the statement, Foreign Ministers of the countries have expressed their commitment to China’s Belt and Road Initiative.
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