Meanwhile, India is Nepal's largest trading partner, accounting for more than 65 percent of its total trade, the Kathmandu Post said.
Nepalese Foreign Minister Deuba visited China last week and held extensive talks with Chinese Foreign Minister Wang Yi in the Chinese city of Chengdu, sharing Nepal's perspective on the revival of the BRI projects.
"We signed the BRI framework in 2017 and whatever assistance and support we receive from China now is in the periphery of the BRI. Things have not moved beyond that," Foreign Minister Deuba told the media on her return from Chengdu on Saturday.
"Mainly, we are focused on projects related to connectivity and cross-border infrastructure. The two parties agreed on a modality of future cooperation under the BRI framework," the Post quoted her as saying.
"In my meeting with Wang, I have made it clear that we are not in a position to take loans to fund the projects. They listened to our concerns carefully," she said.
"Our debt is now 41 per cent of the GDP, which is alarming," she said.
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