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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.
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