Chinese Foreign Minister Wang Yi to visit Nepal on March 25

Wang Yi, the People’s Republic of China’s Minister of Foreign Affairs and State Councilor, is slated to visit Nepal on March 25.

According to the Foreign Ministry, Foreign Minister Wang Yi is in Nepal at the invitation of his Nepalese counterpart, Narayan Khadka.

Minister Wang Yi will meet with President Bidya Devi Bhandari and Prime Minister Sher Bahadur Deuba.

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Similarly, Narayan Khadka, Minister of Foreign Affairs, will meet with his counterpart on March 26.

Yi is also set to meet with KP Sharma Oli, Chairman of the CPN-UML, and Pushpa Kamal Dahal, Chairman of the CPN (Maoist Center).

On March 27, Minister Yi will fly to China.

The visit takes place at a time when Nepal has ratified and is implementing the Millennium Challenge Corporation (MCC)-Nepal Compact.

Nepal is obligated to maintain balanced relations with both the global economic powers, having received both American and Chinese grant support, i.e. MCC and Belt and Roads Initiatives (BRI).

China had raised worry about the MCC accord before to its ratification by the Government of Nepal.