Friday 16 September 2016

Three key agreements signed between India and Nepal

PM Narendra Modi received Nepal PM Pushp Kamal Dahal Prachanda at Hyderabad House in New Delhi. Both of them held wide-ranging talks on key issues including ways to strengthen ties. The two sides reviewed the full spectrum of bilateral cooperation during delegation level talks at Hyderabad House. PM Narendra Modi also witnessed the signing of Visitors' Book by the Prime Minister of
Nepal. In a fresh impetus to Nepal's development, PM Modi and Nepal PM witnessed the signing of agreements on roads & reconstruction projects.

3 MoUs were signed. The first pertaining to project management consultancy services for upgradation, improvement of road infrastructure in Terai area of Nepal. The second pertains to the first amendatory dollar credit line for post-earthquake reconstruction projects in Nepal. The third MoU was a new dollar credit line agreement of 750 US dollars for post earthquake reconstruction. 

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