Indian Prime Minister Narendra Modi and Nepalese Prime Minister Sushil Koirala held extensive discussions on Nepal-India bilateral issue at the Office of the Prime Minister and Council of Ministers. Prime Minister Koirala expressed hope that this visit taking place after 17 years would greatly contribute to the strengthening and promoting of bilateral relations and cooperation.
Indian Prime Minister Modi expressed his thanks to Nepal's Prime Minister for his invitation which provided him with an opportunity to visit Nepal in less than 100 days of his taking over as the Prime Minister of India.
According to a press release of Nepal’s Foreign Ministry, the two Prime Ministers exchanged views on political developments in their respective countries. Prime Minister Koirala mentioned the ongoing peace process in Nepal and stated that drafting of new constitution was the Government's topmost priority. He added that Nepal would be an inclusive society as a federal democratic republic. He thanked the Government of India for its support to Nepal's peace process. He also informed Nepal's plan to graduate from LDC status by 2022 and expected India's cooperation in this endeavour. Indian prime minister Modi expressed his willingness to extend all possible support to Nepal's peace process and its development endeavours.
Following the meeting, the two Prime Ministers held delegation-level talks in which the two sides reviewed the overall state of bilateral relations and cooperation between Nepal and India. They expressed satisfaction at the reactivation of Nepal-India Joint Commission with its 3rd meeting in Kathmandu recently, and directed their respective authorities to take up the implementation of the decisions taken during the Joint Commission meeting.
“The two delegations discussed a wide range of issues between the two sides, including political cooperation, trade and transit, development cooperation, water resources, earlier treaties and agreements including the 1950 Treaty of Peace and Friendship, mutual security, and boundary issues. The two Prime Ministers expressed satisfaction at the state of bilateral relations and committed to work together to take relations and cooperation to a new height. They also directed the authorities concerned of both countries to expedite the ongoing projects for their timely completion, and explore new areas of cooperation which could be taken up for mutual benefit. The Prime Minister of India stated that India stands ready to resolve boundary issues, take measures to narrow Nepal's trade deficit, and accommodate Nepal's concerns with regard to the Treaty of Peace and Friendship of 1950. He urged Nepal to capitalize the huge opportunities available in India as a huge market for the Nepalese products,” said the press release.
The two Prime Ministers underscored the importance of building trust between the two countries and move forward with a new vision and resolve. They also emphasized on enhancing interactions between the youth population of the two countries.
The Government of India announced a soft credit line of US $ 1 billion to be used in infrastructure development and energy projects as identified by the Government of Nepal and to increase the number of scholarship to Nepalese students.
During the meetings, Minister for Finance Dr. Ram Sharan Mahat, Minister for Information and Communications Dr Minendra Rijal, Minister for Foreign Affairs Mr. Mahendra Bahadur Pandey, Advisor to the Prime Minister on Foreign Affairs Dr. Dinesh Bhattarai, Chief Secretary Leelamani Paudyal, Acting Foreign Secretary Shanker Das Bairagi and other senior officers of the Government of Nepal were also present. From the Indian side, National Security Advisor Ajit Doval, Foreign Secretary Sujatha Singh, Ambassador of India to Nepal Ranjit Rae and other high-ranking officials of the Government of India were present.