India-Nepal bilateral ties on a reset mode!


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Prime Minister Oli said that his state visit to India was successful in making Nepal-India relations harmonious.

 

India and Nepal have taken a step forward in normalizing their relations. While the newly elected Nepalese Prime Minister, KP Sharma Oli in his three-days visit to India, made it a point to make New Delhi the destination for his first visit abroad. India on the other hand has rolled out the red carpet for Oli. The outcome of the visit suggests that ties between the two countries are in a reset mode.

 

‘Warm Welcome’

Extending a warm welcome to visiting the Prime Minister K.P. Sharma Oli and his wife at the Rashtrapati Bhavan, President Ram Nath Kovind on Saturday said that India was ready to expand bilateral ties as per Nepal’s priorities because New Delhi has “abiding interest” in the stability and economic prosperity of the Himalayan nation.

“India’s abiding interest is in the stability and economic prosperity of Nepal. India stands ready to expand cooperation with Nepal as per Nepal’s priorities,” the President tweeted after receiving Mr. Oli.

 

‘New Links to the relations’

In order to counter China’s infrastructure ‘offensive’, India will build a crucial cross-border rail link between Kathmandu in Nepal and Raxaul in Bihar, connecting Nepal to the Indian railway system, while a separate river transport system could give Nepal a route all the way to the sea.

India and Nepal took a decision to develop the inland waterways for the movement of cargo, within the framework of trade and transit arrangements, providing additional access to the sea for Nepal. This new initiative would enable cost-effective and efficient movement of cargo.

The two countries also agreed to speed up the implementation of projects in Nepal, a fact that was borne out by the 2018 budget where India raised its outlay for Nepal by 73 per cent.  Besides India agreed to share its experience with organic farming the new initiatives of soil health cards etc.

 

 

Before leaving New Delhi, Mr. Oli invited Prime Minister Narendra Modi in his own country. Mr. Modi on other hand accepted his invitation and has confirmed that the visit might happen this year. He is expected to inaugurate a couple of Indian hydro-electric power projects, there, which have been hanging fire for years.

 

 

 

 

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