India and Nepal Strengthen Bilateral Ties with New Agreements and Joint Projects
External Affairs Minister S Jaishankar's visit to Nepal results in several agreements, including a long-term power trade deal, and the inauguration of post-earthquake reconstruction projects.
- India's External Affairs Minister S Jaishankar recently visited Nepal, marking a significant step in the strengthening of bilateral ties between the two countries.
- During his visit, Jaishankar and his Nepalese counterpart N P Saud jointly inaugurated various post-earthquake reconstruction projects, including the Tribhuvan University Central Library.
- India has contributed significantly to Nepal's reconstruction efforts post the devastating 2015 earthquake, including the funding of a project for the construction of 50,000 houses that were completed in November 2021.
- India and Nepal signed several agreements during Jaishankar's visit, including a long-term power trade agreement where India agreed to increase the import of power from Nepal to 10,000 megawatts within a timeframe of 10 years.
- Jaishankar expressed India's commitment to continue redefining its relationship with Nepal, emphasizing the importance of the partnership for the benefit of the people of both countries.