KATHMANDU: Nepal has invited the United Arab Emirates (UAE) to invest in the Budhigandaki Hydropower Project.
The proposal was put forward on Saturday during a courtesy meeting in Abu Dhabi between visiting Home Minister Sudan Gurung and UAE Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi.
According to Minister Gurung’s secretariat, he also proposed cooperation with the UAE in developing Nepal’s agriculture and service sectors, as well as in advancing security technology.
During the meeting, the two sides discussed bilateral trade, investment, and economic cooperation. They also exchanged views on modernizing security agencies and expanding the use of technology to enhance their effectiveness.
Gurung’s secretariat stated that both sides welcomed the proposal to exchange formal investment proposals for Nepal’s identified projects, take necessary steps to move them forward, and broaden bilateral cooperation in the coming days. Home Minister Gurung departed for Dubai on Friday to participate in the World Police Summit.
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