May 5, 2024, Sunday
Nepal 1:37:26 pm

Nepal and India sign four agreements

The Nepal Weekly
January 9, 2024

Nepal and India on Thursday, January 4, 2024 signed four agreements including the long term power agreement that insures export of 10,000 MW electricity from Nepal to India during the recently concluded visit of Minister of External Affairs of India Jaishankar to Nepal.

Nepal and India signed an agreement for the Implementation of High Impact Community Development Projects (HICDP). THe two countries also agreed on Cooperation in Renewable Energy Development. In this regard a MoU for cooperation in Renewable Energy Development between Nepal Electricity AUthority and NTPC Ltd. of India was signed. Nepal and India also signed Launch Service Agreement for Munal Satellite developed by Nepal Academy of Science and Technology (NAST) between NAST and Technology and New Space India Ltd.

Minister for External Affairs Jaishankar on the occasion also witnessed the handing over of fiteh tranche of post- Jajarkot earthquake relief supply to Nepal, according to Indian Embassy sources.

“Discussions focused on our overall bilateral ties, trade and economic relations, land, rail and air connectivity projects, cooperation in defence and security, agriculture, energy, power, water resources, disaster management, tourism, civil aviation, people to people and cultural exchange and development partnership,” twitted Jaishankar following the Joint Commission meeting in Kathmandu.

“Various aspects of Nepal-India relations were discussed on the occasion under the thematic areas of economic relations, connectivity, trade & transit, power and water resources, education and culture and political matters among others,” twitted the Foreign Ministry of Nepal.