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Nepal, India review bilateral ties

By Super Admin

New Delhi, Aug 20 (ANI): Visiting Nepal Prime Minister Madhav Kumar Nepal met Prime Minister Dr. Manmohan Singh at Hyderabad House last evening.

Both leaders discussed and reviewed progress in bilateral relations between the two countries.

According to official sources, the intensification of economic partnership between the two countries remained the focus of the discussions. Investment in the hydro power sector was also considered.

The issue of using Nepal's territory for anti-India activities is also believed to have come up duirng the talks.

The meeting, lasted for about an hour, and was attended by External Affairs Minister S. M. Krishna, Home Minister P. Chidambaram, Finance Minister Pranab Mukherjee and National Security Advisor MK Narayanan.

Later, Prime Minister Singh hosted a banquet in honour of Nepal Prime Minister.

Earlier, the Nepalese Prime Minister invited Indian industry to invest in his country, saying his government would give due priority to such moves.

He assured them of providing a conducive atmosphere for industrial growth.

Candidly admitting to the state of political flux in his country earlier this year, he said he would make sure that the investment from India is given due priority.

He identified hydropower, roads, bridges, and infrastructure, construction, and tourism, agro-processing and financial services as potential areas for investment.

Nepal arrived in New Delhi on Tuesday at the head of a 64-member delegation, including the Finance, Tourism, Commerce, Industry and Energy Ministers. He will leave for Kathmandu on Saturday. (ANI)

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