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== Overview == Constitutionally, Nepal's foreign policy is to be guided by "the principles of the [[United Nations Charter]], nonalignment, [[Five Principles of Peaceful Coexistence|Panchsheel]] (five principles of peaceful coexistence), [[international law]] and the value of [[world peace]]."<ref>{{Cite web |title=WIPO Lex, Article 34 (21), the Interim Constitution of Nepal, 2007 (2063) |url=https://www.wipo.int/wipolex/en/text/189180 |access-date=2024-07-29 |website=www.wipo.int}}</ref> Nepal's most substantive international relations are perhaps with international economic institutions such as the [[Asian Development Bank]], the [[International Monetary Fund]], the [[World Bank]], and the [[South Asian Association for Regional Cooperation]]. Nepal also has strong bilateral relations with major providers of economic and military aid, such as France, Germany, Japan, South Korea, Switzerland, the United States, and particularly the United Kingdom, with whom military ties date back to the nineteenth century. The country's external relations are managed by the [[Ministry of Foreign Affairs (Nepal)|Ministry of Foreign Affairs]] and the Prime Minister's Office. In its foreign policy, Nepal generally seeks to balance its relations with its large neighbors India and China in order to avoid dependency on either one.<ref name=":92">{{Cite book |last=Alfred |first=Gerstl |title=Contemporary China: a New Superpower? |publisher=[[Routledge]] |year=2023 |isbn=978-1-03-239508-1 |editor-last=Kironska |editor-first=Kristina |chapter=China in its Immediate Neighborhood |editor-last2=Turscanyi |editor-first2=Richard Q.}}</ref>{{Rp|page=215}} Nepal's relation with China has seen a major upswing in the recent years with China now becoming Nepal's top 5 aid donor to Nepal.<ref>{{Cite news|last=|date=2015-03-18|title=China increases aid, FDI significantly to Nepal|work=Business Standard India|url=https://www.business-standard.com/article/news-ians/china-increases-aid-fdi-significantly-to-nepal-115031800390_1.html|access-date=2021-10-07}}</ref> In 2021, Indian government also announced increments of aid to Nepal by nearly 13% to $130 million, to counter China's growing footprint in Nepal. However, data on the actual disbursement of aid by the Indian government remains unclear.<ref name=":7">{{Cite web|title=India raises Nepal grant by nearly 13 percent to Rs15.87 billion|url=https://kathmandupost.com/money/2021/02/01/india-raises-nepal-grant-by-nearly-13-percent-to-rs15-87-billion|access-date=2021-06-23|website=kathmandupost.com|language=English}}</ref>
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