• Nepal decides to sign ‘One Belt, One Road ‘agreement with China

    Ramesh Tiwari
    May 8, 2017
    Nepal decides to sign ‘One Belt, One Road ‘agreement with China

    Ramesh Tiwari /TravelBizNews —

    Kathmandu: Nepal has decided to sign an agreement with China to become a part of “One Belt, One Road (OBOR)” initiative.

    A Cabinet meeting of the government of Nepal decided to sign OBOR agreement today.

    A high-level delegation led by Nepal’s Deputy Prime Minister and Finance Minister will participate in the upcoming OBOR conference to be held in Beijing on May 14-15.

    At least 28 heads of state and over 150 nations have confirmed their participation in the conference. Conceived and bankrolled by China, OBOR is a long-term strategic initiative to improve connectivity and enhance trade routes from Southeast Asia to Europe.

    The Belt and Road Forum for International Cooperation will be held on May 14 – 15 in Beijing with participation of more than 28 heads of state and 150 countries.

    Chinese President Xi Jinping will attend the opening ceremony and host the round table summit of the leaders, Chinese Foreign Minister Wang Yi said recently in Beijing.

    The  28 heads of state and government leaders will attend the conference  including  Argentinean President Mauricio Macri, Belarusian President Alexander Lukashenko, Chilean President Michelle Bachelet, Czech President Milos Zeman, Indonesian President Joko Widodo, Kazakh President Nursultan Nazarbayev, Kenyan President Uhuru Kenyatta, Lao President Bounnhang Vorachit, Philippine President Rodrigo Duterte, Russian President Vladimir Putin, Swiss President Doris Leuthard, Turkish President Recep Tayyip Erdogan , Uzbek President Shavkat Mirziyoyev, Vietnamese President Tran Dai Quang , Cambodian Prime Minister Hun Sen, Ethiopian Prime Minister Hailemariam Dessalegn, Fijian Prime Minister Voreqe Bainimarama, Greek Prime Minister Alexis Tsipras, Hungarian Prime Minister Viktor Orban , Italian Prime Minister Paolo Gentiloni, Malaysian Prime Minister Najib Razak , Mongolian Prime Minister Jargaltulga Erdenebat, Myanmar State Counselor Aung San Suu Kyi, Pakistani Prime Minister Nawaz Sharif, Polish Prime Minister Beata Szydlo, Serbian Prime Minister Aleksandar Vucic, Spanish Prime Minister Mariano Rajoy and Sri Lankan Prime Minister Ranil Wickremesinghe, Wang said.

    The multi-trillion dollar Belt and Road Initiative is the most ambitious and all-encompassing economic development project in human history according to OBOR Forum.

    The Belt and Road Initiative aims to connect Asia and Europe in a vast network of roads, railways, pipelines, airports, sea ports, transnational electrical grids and fiber optic lines of communication though the creation of an economic land belt traversing Central Asia and the Middle East .

    The maritime road links China with the ports of the Indian Ocean, East Africa and the Mediterranean.

    The Belt and Road Forum aims to enhance global understanding of the Belt and Road Initiative and provide a platform for corporations, industry, financial institutions, governments and scholars to engage and collaborate toward a common goal of greater Euro-Asian connectivity, prosperity and security.

    May 8 , 2017

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      2017 in review -Top stories

      January 1 : New year nightclub attack leaves 39 dead in Istanbul
      January 20 : Republican billionaire Donald Trump sworn in as 45th US president
      January 23 : Syria peace talks begin in Kazakh capital Astana
      March 29 :United Kingdom officially launches the Brexit process
      April 4 :Syria launches chemical attack killing 90 people
      April 6 : US cruise missiles destroy Syrian air base
      April 9 : Bombings at two churches in Egypt kill dozens
      April 16 : Refugee death toll passes 1,000 in Mediterranean
      April 16 :Turkey says YES to presidential system
      May 6 :Emmanuel Macron elected French president defeating Marine Le Pen
      May 19 :Iran’s President Hassan Rouhani wins re-election
      May 22 : Terrorist attack kills 22 at Manchester concert
      June 5 : Gulf nations severe ties with Qatar
      June 7 :Suicide bombers attack Iranian parliament killing 13 people
      June 14 :London fire kills 71 in the 24-storey Grenfell Tower
      July 4 :North Korean leader Kim Jong-un’s missile ambitions
      July 28 : Pakistan’s top court disqualifies Prime Minister Nawaz Sharif from office
      August 5 :US withdraws from Paris climate change pact
      August 17 :Storms cause record damage in Caribbean and southern United States
      August 25 :Muslim Rohingya start fleeing Rakhine state in Myanmar
      September 15 : NASA’s 13-year Saturn mission ends
      September 20 : Earthquake kills more than 200 in Mexico
      September 24 : Germany’s Chancellor Angela Merkel wins fourth term
      September 26 : Saudi Arabia lifts ban on women driving
      October 1 : Gunman opens fire on Las Vegas music festival killing 59 people
      October 14 : Massive bombing in Somalia’s capital Modadishu kill more than 500 people
      October 24 : China confirms the elevation of President Xi Jinping to the same status as the nation’s founder, Mao Zedong, and Deng Xiaoping, by enshrining ‘Xi Jinping thought’ in the party’s constitution at the 19th National Congress of the Communist Party of China
      October 27 : Catalonia declares independence from Spain
      November 4 : S audi Arabia detains 11 princes, four ministers and ten former ministers in a corruption probe
      November 12 : Iran-Iraq magnitude 7.3 earthquake kills more than 500
      November 15 : Argentine navy submarine disappears with 44 crew on board
      November 21 : Robert Mugabe resigns as Zimbabwe’s president after 37 years in power. His former deputy Emmerson Mnangagwa will become president.
      November 22 : Bosnian Serb army commander Ratko Mladic convicted of genocide in Srebrenica during the 1990s Bosnian War
      November 24 : Gunmen kill hundreds at Sinai mosque in Egypt
      December 4 : Houthi militants assassinate Yemen’s former President Ali Abdullah Saleh
      December 5 : Russia banned from 2018 Winter Olympics for state-sponsored doping
      December 6 : US President Donald Trump recognises Jerusalem as the capital of Israel
      December 17 : Price of one bitcoin reaches a new high of $19,783.06 dollars
      December 21 : Yemen’s cholera outbreak
      December 22 : Syria peace talks in Astana (compiled)

      Top ten most visited cities

      Between January and August 2017, destinations worldwide welcomed 901 million international tourist arrivals (overnight visitors), 56 million more than in the same period of 2016 .The top ten most visited cities are:
      CityVisitors
      HONG KONG26.6 million
      BANGKOK 21.2 million
      LONDON19.2 million
      SINGAPORE16.6 million
      MACAU15.4 million
      DUBAI14.9 million
      PARIS14.4 million
      NEW YORK12.7 million
      SHENZHEN12.6 million
      KUALA LUMPUR12.3 million

      Source: Euromonitor International

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