Prime Minister Narendra Modi held talks with his Nepalese counterpart, Sushil Koirala, here Tuesday on key strategic issues after which 10 agreements, including one for $-1 billion assistance to Nepal, were inked.
Mr. Modi and Mr. Koirala discussed a host of strategic issues, including defence and security, during their talks that lasted nearly 40 minutes.
Talking about bilateral ties, Mr. Modi said, “When we trust each other, we can move forward very quickly.”
“Projects that have been in limbo for 25 years are moving forward. I feel very satisfied,” he said after inaugurating a trauma centre built by India at Bir Hospital here.
The agreement for the $1-billion line of credit to Nepal was signed between Nepal’s Finance Ministry Joint Secretary Madhu Kumar Marasini and David Rasquinha, Deputy Managing Director of Exim Bank.
Under a motor vehicle agreement, permit would be given to vehicles to ply on designated routes in either country.
They also inked twin-city pacts between Kathmandu-Varanasi, Janakpur-Ayodhya and Lumbini-Bodh Gaya.
