India, Nepal agree to expand their partnership for socio-economic development

Prime Minister Narendra Modi’s two-day visit to Nepal on 12 May 2018, Mr Modi and his Nepalese counterpart KP Sharma Oli emphasised the need for regular convening of bilateral mechanisms to review the overall state of bilateral relations and for expeditious implementation of the economic and development co-operation projects.

The two Prime Ministers also underscored the importance of trade and economic ties between India and Nepal. They underlined the catalytic role of connectivity in stimulating economic growth and promoting movement of people.

Both the Prime Ministers also agreed to take further steps to enhance economic and physical connectivity by air, land and water. The two Prime Ministers also agreed that the landmark third visit of Mr Modi to Nepal has further strengthened the age-old friendly relations between the two countries and has injected a fresh impetus to the growing partnership.

The Prime Minister said, the talks with his Nepali counterpart were productive and through the visit, a new vigour has been added to the India-Nepal relations. Mr Modi returned home last evening after concluding his two-day visit.

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