Nepal-India review India-funded projects «

Nepal-India review India-funded projects

Senior officials from Nepal and India on Monday discussed the status of India-funded projects in Nepal.
During the meeting, discussions were held on the status of implementation of the ongoing projects under Nepal-India bilateral cooperation, according to a press release issued by Ministry of Foreign Affairs.
Some Tarai roads, cross-border railway, Arun-III Hydropower Project, petroleum pipeline and Pancheshwar Multipurpose Project are some of the projects discussed during the video conference meeting, the ministry said, adding that post-earthquake reconstruction, irrigation, power and transmission lines, construction of Nepal Police Academy, integrated check posts, Ramayana circuit, HICDPs, motorable bridges over Mahakali River, agriculture and cultural heritage were also discussed.
The meeting, co-chaired by Foreign Secretary Shanker Das Bairagi and Indian Ambassador to Nepal Vinay Mohan Kwatra, underlined the need for expediting the implementation of the bilateral projects and agreed to undertake necessary measures to address the problems and obstacles.
According to another press release issued by the Indian Embassy in Kathmandu, the meeting carried out a comprehensive review of bilateral economic and development cooperation projects since its 7th meeting of the Nepal-India Oversight Mechanism held on 8th July 2019. “Both sides underlined the need for the expeditious implementation of the bilateral projects,” the release said, adding that the two sides also agreed to hold the ninth meeting of the mechanism on a mutually convenient date.
The mechanism was set up, following Prime Minister KP Sharma Oli’s state visit to India in September 2016, to oversee the implementation of bilateral projects and take necessary steps for their timely completion.

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