One Belt One Road (OBOR) is the project that is initiated by President of China Xi Jinping as the collaboration project for trade and connectivity. A day conference was organized by Kathmandu School of Law on 4th Chaitra, 2073(17th March, 2017). Under the presidency of Prof. Hong Kong Rana total numbers of participants present were more than 110 says Mr. Niraj Tamang, Chief Secretary of KSL. In the presence of Her Excellency, Yu Hong, Ambassador of People’s Republic of China to Nepal, Prof. Dr. Yubaraj Sangroula made a concept paper presentation on the introduction, possibilities, benefits, challenges, etc of OBOR. The paper included brief history of Nepal-China relations from the era of Magadh Rajya.
As an integrated effort and resource for mutual development for mutual interdependence and avoid conflict as they engage in same project is the main expected outcome of OBOR says Prof. Sangroula. He further adds it is the trusted connectivity between neighbor that may shift the world politics from Western and European world to South Asia and China. As OBOR is bringing states together to develop their region themselves therefore it is more just, rational process of integrated effort.
Key Note Speakers and Commenters were various leading figure from law, international relations experts including Prem Chandra Rai. Chauyen Lai Shrestha, Sundarnath Bhattarai, Senior Advocate Bishwo Kanta Mainali, Kalyan Raj Sharma and Hiranyalal Shrestha while commenting on the paper and making their key note speech, agreed on the part that OBOR can be one of the milestone to the development of this part of the world. As Nepal can be the most important part of OBOR project it will for sure develop Nepal and Nepal will not only be the country of consumption rather it can sell its product to the world market as well.
Presence of Her Excellency, Yu Hong, Ambassador of People’s Republic of China to Nepal, made the debate more clear as she clarified that OBOR is not what people thinks regarding OBOR. It is not the Chinese Investment rather joint and collaborated effort for the development of the region with the joint collaboration. Connectivity is one of the most important aspect of development. OBOR can be milestone to the development of South Asia and China where the easy access to the market is possible. The most important of OBOR is that it connects two biggest market of the world and therefore the region if cooperates can develop the area very well. As Nepal and China have been very important friends from the history and even today they are collaborating in many regards. Her Excellency further highlights that there are five aspects of OBOR they are: Policy Co-ordination, Infrastructural Connectivity, Trade, Financial Support and People-People Bond. As Her Excellency, to conclude states that;“China wants to work with Nepal and make people understand how we can work together. This part of the world has a lot of opportunity.”
Participants to the programme raised different questions relating to whether it is beneficial to Nepal or we are simply running behind the dream shown by China, whether OBOR bring the development to the country or only Nepal is going to become the place of transportation only that destroys the environment, etc. answering to the question Dr. Sangroula clarifies paper presenter cannot and does not answer to these questions rather the issues show that there are a lot of aspects for research and now it is the job of Intellectuals, Universities, and other persons and groups to conduct further discussion on this issue. He further says institutions like KSL are responsible for the policy making of the state by raising and continuous debate in the contemporary issue. OBOR is not that today the project is done and we will be rich by next morning rather it is the continuous and gradual process. It does not make us reach as it does not produces good but it creates access to market for Nepalese goods. It increase service sectors in Nepal like Banks, Insurances and also trade managers between these two biggest markets of the world. It shows the possible and it is the way it is not the end of Development of Nepal rather is very useful means for increasing accessibility.