India and Nepal Prime Ministers Vow to Strengthen Cooperation

12 May 2018

India Prime Minister Narendra Modi was in Nepal for a state visit on 11-12 May 2018 at the invitation of Nepal Prime Minister KP Sharma Oli. The meeting aimed to strengthen ties between India and Nepal and generate momentum for the implementation of agreements between the two countries.

The meeting is a follow up to Prime Minister Oli’s visit to India in April 2018. Bilateral initiatives between India and Nepal include those in the areas of agriculture, railway linkages, and inland waterways development.

The two ministers stressed the importance of trade and economic ties, as well as regional and subregional cooperation under Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation, South Asian Association for Regional Cooperation, and the Bangladesh-Bhutan-India-Nepal framework.

Prime Minister Modi and Prime Minister Oli agreed to take steps to further strengthen economic and physical connectivity by air, land, and water. They also jointly laid the foundation stone for Nepal’s 900 megawatt Arun-III hydroelectric project, which would enhance power generation cooperation and energy trade.


Related Links:

The Asian Development Bank (ADB) approved the proposed financing for the Maldives: SASEC National Single...

Read More


Bangladesh Prime Minister Sheikh Hasina inaugurated the Konabary and Chandra flyovers; the Kaliakair, Deohata, Mirzapur, and Gharinda underpasses;...

Read More


Mr. Manmohan Parkash, Country Director of Bangladesh Resident Mission of the Asian Development Bank (ADB), called on Mr....

Read More


The Central Board of Indirect Taxes and Customs (CBIC) of the Government of India organized the 20th Regional...

Read More


India could play a crucial role in interconnecting regional energy networks. In ...

Read More


With the implementation of the electronic cargo tracking system (ECTS) at the ports of Kolkata and Visakhapatnam (Vizag),...

Read More


The status of Authorized Economic Operator (AEO) was granted by the National Board of Revenue...

Read More