India Signs Hydropower Cooperation Pact With Nepal
Last updated on April 3rd, 2022 at 03:20 am
India is moving into an arena of strengthening its relations with its neighbours in full speed. The new addition to its bouquet is Nepal where India is planning to engage the country in a gainful manner. PM Narendra Modi has recently met with her Nepalis counter Sher Bahadur Deuba. Speaking about India’s growing relations with Nepal, amidst growing tension with the US over an energy project that has run into doldrums recently, Mr. Modi was quoted saying that “PM Deuba is an old friend of India. As the PM, this is his fifth visit to India. He has played an important role in developing India-Nepal relations. The friendship between India and Nepal, relations between our people is an example that can’t be seen anywhere else in the world. Our civilization, culture, and the threads of our exchange have been linked since ancient times. We have been companions of each other`s happiness and sorrow since time.”
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Within the discussions, both Narendra Modi and Mr. Deuba have done a lot of things for the development of Nepal. For one they inaugurated the Solu Power transmission line, inaugurated a 35-km long cross-border rail link between Jaynagar in Bihar and Nepal’s Kurtha, launched RuPay payment card, finalized four pacts to expand ties in areas such as railways, and energy after talks.
They also discussed boundary issues where Mr. Deuba urged Modi to resolve it through the establishment of a bilateral mechanism. Nepal is also looking forward to now greater Indian participation into Nepal’s hydropower development plans, apart from sharing a joint vision statement on power cooperation. Further, the Indian PM also highlighted that the friendly ties between India and Nepal are unique. “Such friendship is not seen anywhere else in the world,” Modi said.
