BY BISHESHWAR MISHRA / NEW DELHI
India, Nepal today signed three agreements including improvement of road network to cement ties between the two neighbours . 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.
India-Nepal relationship got a major boost with the very first visit of Nepal Prime Minister Pushpa Kamal Dahal Prachanda to New Delhi. Both the countries signed agreements to push for speedy and successful implementation of ongoing hydropower projects and development and operationalization of transmission lines.
Soon after the visiting Nepal premier met Prime Minister Nardnera Modi, a statement was issued in which both the leaders agreed to focus on close monitoring and time bound completion of all development projects.
“Peace, stability and economic prosperity of Nepal is shared objective of the countries. India will continue cooperation between defence and security agencies of the two countries to guard open borders that provide opportunities for people to people contact,” Mr Modi said.
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 investment are key pillars of India’s partnership with Nepal.
He said, India’s initiatives for open sky across 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 further 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.