Nepal's PM Oli faces political conflict over plans to seek Chinese loans, opposed by his coalition partner.

Nepal's Prime Minister KP Sharma Oli is facing potential political conflict with his coalition partner, the Nepali Congress, over plans to seek loans from China's Belt and Road Initiative. The Nepali Congress opposes taking new loans, demanding China fulfill previous commitments first. Oli has clarified he will not secure loans during his upcoming visit to China, aiming to balance relations with both China and India.

November 24, 2024
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