» » Emphasis on enforcement of agreements reached between Nepal and India

Kathmandu, Feb 10: Finance Minister Bishnu Prasad Poudel has emphasized on the need to implement the infrastructure projects agreed between Nepal and India in a speedy manner.
  During the recent visit to India at the invitation of his Indian counterpart, Finance Minister Poudel stressed that the projects of economic and technical cooperation already agreed between the two countries need to be put into practice as soon as possible. Talks with different Indian leaders focused on effective implementation of the past agreements, and initiating new projects on infrastructure development, says a statement released by the Ministry of Finance on Wednesday.

      Matters relating to implementation of the agreement reached to develop the postal roads into a two-lane road within five years, completing the trans-border power transmission lines, grants to build new reservoir-based projects of 250 mw-capacity, and concessional loan for a 500 mw hydropower projects were raised during the visit. The finance minister also pointed out to the agreements reached on upgrading the Bir hospital, establishing the National Institute of Technology and polytechnic institutes in eight locations, Ayurveda University and a teaching hospital, and the integrated master plan for development of the Pashupati area.

During the visit held between February 7 to 9, Finance Minister Poudel met and discussed various matters of mutual interest with Indian Home Minister Rajnath Singh, Minister for External Affairs Sushma Swaraj and Finance Minister Arjun Jaitely.

Also discussed was the upcoming visit by Prime Minister KP Sharma Oli to India, and making it fruitful, adds the statement. 

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