India believes PM Deuba’s visit added new dimension in bilateral relations « Khabarhub
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India believes PM Deuba’s visit added new dimension in bilateral relations

02 April 2022  

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KATHMANDU: India has said Prime Minister Sher Bahadur Deuba’s visit to India added new dimension in the bilateral relations.

“India’s relationship with Nepal is one of the main pillars of its ‘Neighbourhood First’ policy. The visit of Prime Minister of Nepal to India will contribute in further cementing the traditional and age-old ties of friendship and cooperation between the two countries,” India said in a statement.

The expansive and productive talks between the two Prime Ministers provided high-level direction and gave shape to a robust agenda for bilateral cooperation in multiple sectors, particularly those related to energy and connectivity, it said.

During Prime Minister Deuba’s visit to India, PM Deuba and Indian Prime Minister Narendra Modi exchanged views on the economic and trade agenda and decided to speed up action to further intensify and facilitate trade, investment and connectivity linkages between Nepal and India.

The press statement added both Prime Ministers welcomed the recent conclusion of the G-to-G Agreement to facilitate the long term supply of fertilizers from India to Nepal and the renewal of the Five-Year General Supply Agreement for supply of petroleum products from India to Nepal.

The use of Indian RuPay card in Nepal was jointly launched by the two Prime Ministers.

This would open new vistas for cooperation in financial connectivity, and is expected to facilitate bilateral tourist flows as well as further strengthen people-to-people linkages between India and Nepal.

India further stated that both Prime Ministers discussed the unprecedented opportunities for mutually beneficial cooperation in the energy sector.

In this regard, a Joint Vision Statement on Power Sector cooperation that spells out the shared commitment as well as opportunities for win-win collaboration in power generation, transmission and trade was concluded during the visit.

They jointly inaugurated the 90 km long 132 KVDC Solu Corridor Transmission line and substation built under the Line of Credit extended by India.

Both sides agreed to expedite progress in the implementation of the Pancheshwar Multipurpose Project, beginning with early finalization of the Detailed Project Report (DPR).

Similarly, both leaders discussed the wide ranging and robust bilateral development partnership.

They reviewed the progress in implementation of Indian projects in Nepal, including the cross-border rail-link projects connecting (a) Jayanagar-Kurtha-Bijalpur-Bardibas (b) Jogbani-Biratnagar (c) Raxaul-Kathmandu.

In a historic milestone, the first broad-gauge passenger railway service connecting India and Nepal in the Jayanagar-Kurtha section was flagged off by the two Prime Ministers during the visit.

The Jayanagar-Kurtha rail link has been built with grant assistance from the Government of India.

Moreover, Indian Prime Minister Modi thanked Prime Minister Deuba for assuring Government of Nepal’s full support in resolving bottlenecks and facilitating the time-bound completion of all India-assisted projects, including the National Police Academy at Kavrepalanchowk, the Integrated Check Posts at Nepalgunj and Bhairahawa and the projects under the Ramayana circuit.

It was also shared with Prime Minister Deuba that under India’s ‘Azadi ka Amrit Mahotsav’ celebrations, India will inaugurate 75 development projects in Nepal this year, the press statement issued by the Indian Ministry of External Affairs mentioned.

Prime Minister Deuba appreciated the fresh approvals granted to Nepal Electricity Authority for the export of substantial amount of power to India.

He further invited greater participation of Indian companies in Nepal’s hydropower development projects.

The progress made in 900 MW Arun-III hydro-electric project in Nepal was also noted. Indian Prime Minister Modi welcomed Nepal’s decision to join the International Solar Alliance (ISA) with Nepal on 01 April 2022, becoming the 105th country to become a signatory to the Framework Agreement of the ISA.

Publish Date : 02 April 2022 22:26 PM

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