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| Mentor 4 CA |
India, Nepal sign
three agreements including improvement of road network
India and Nepal today agreed to push for speedy and successful
implementation of ongoing hydropower projects and development and
operationalization of transmission lines.
In a press statement after
holding delegation level talks with the visiting Nepal Prime Minister Pushpa
Kamal Dahal Prachanda in New Delhi, Prime Minister Narendra Modi said, he and
Mr Prachanda have agreed to focus on close monitoring and time bound completion
of all development projects.
He said, peace, stability and
economic prosperity of Nepal is shared objective of the countries. Mr Modi
said, India will continue cooperation between defence and security agencies of
the two countries to guard open borders that provide oppurtunities for people
to people contact.
He said, the two leaders have
agreed to show case shared Buddhist heritage and focus on the development of
Ayurveda and other traditional systems of medicine.
Prime Minister Modi said, trade,
connectivity, development projects and mutual investement are key pillars of India's
partnership with Nepal.
He said, India's initiatives for
open sky cross border power trade and transit routes would directly benefit
Nepal and help strengthen bilateral economic partnership.
Mr Modi expressed confidence that
the Nepal under the leadership of Mr Prachanda will successfully implement the
constitution through inclusive dialogue.
The Nepalese Prime Minister in
his statement said, his government is deeply committed to friendly relations
with its neighbours and soon after assuming the office sent special envoy to
India to achieve this objective.
He said, Indo-Nepal parternship
is crucial to unlock huge potential of bilateral relationship. The visiting
dignitary said , India and Nepal are friends and are bound to remain friends
because of close links.
The two countries signed MoU for
project management consultancy services for upgradation and improvement of road
infrastructure in Terai area of Nepal.
India also gave 750 million
dollar line of credit for post earthquake reconstruction of the Himalayan
nation.
