Narendra Modi: India's contribution towards Nepal development will continue

Charlene Craig
April 8, 2018

Responding to questions on his discussions with Prime Minister Modi during the meeting, Oli said, "It was excellent".

In another Joint Statement on a key connectivity noted: "The Prime Ministers of India and Nepal recognised the untapped potential of inland waterways to contribute towards overall economic development of the region".

Modi said the two countries were looking to improve connectivity through waterways and railways.

This is Oli's first visit to India after became the Prime Minister of Nepal for the second time in February this year after the Left Alliance swept the elections in November-December 2017. He expressed the desire of the Nepalese government to develop bilateral relations in a way so as to benefit from India's progress and prosperity for economic transformation and development.

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PM Khadga Prasad Oli said that Nepal attaches great importance to its relations with India.

On his part, Oli said, he has come to India to take the bilateral ties between the two countries to newer heights commensurate with the realities of the 21st century.

So when Modi and Oli push a button in New Delhi, that virtually lays the foundation stone of the $1.5 billion, 900 MW Arun III hydro-electric project in the Sankhuwasabha district of eastern Nepal, the Prime Minister's message of cooperation with Nepal will have a strategic caveat to it. Oli further stated that Nepal economy can not sustain an alarmingly high trade imbalance with India.

On his first foreign trip since he took office earlier this year, Nepalese Prime Minister KP Oli made a strong pitch for investment from India on Saturday, calling the Himalayan country "a safe and stable destination for investment". Modi also hailed successful conduct of national polls in Nepal under the provisions of the new constitution that has seen Oli's leftist coalition alliance win a strong three-fourths majority. We have developed our friendship according to time with a objective to eradicate poverty, improve life standards.

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The Nepalese Prime Minister underscored the significance of friendship at the Rashtrapati Bhavan, saying, "Friendship is most important and there is no comparison with friendship". Relations between neighbours are different than others.

Kathmandu and New Delhi on Saturday inked agreements that promise connectivity to land-locked Nepal over rail and river as the neighbours sought to move away from the stumbling blockade of 2015-16 that put a spoke in the bilateral relationship.

Oli told reporters after his reception that friendship between India and Nepal was of primary importance. We want to create a model relationship, which makes not only us but our posterity equally proud of our accomplishment.

Prime Minister Oli arrived in India on Friday, April 6, for a three-day visit.

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