India - Nepal Relation - Modi Visit to Nepal


On May12,  2018, Prime Minister Narendra Modi wrapped up his two-day visit to Nepal where he held extensive discussions with his Nepalese counterpart K P Sharma Oli to improve the bilateral ties and visited Janaki temple, Mukhtinath and Pashupatinath temples.
India and Nepal expressed common intent to revise key trade and transport agreements that may allow Kathmandu greater access to the Indian market.
Visiting Nepal for the first time since the 2015 border blockade, blamed on India, crippled Nepal's economy.
Modi said his government gave top priority to relations with Kathmandu under his Neighbourhood First Policy.
Modi  said all misunderstandings with Nepal were over and the bilateral ties were heading to a new high, with New Delhi announcing a Rs 1-billion aid to develop Janakpur city.
Prime Minister said India is ready to be the 'Sherpa' to help Nepal scale the mountain of success.
RBI and Nepal Rashtra Bank in talks to resolve demonetisation issue to return the demontised Indian currency notes.
- Arun-III Hydroelectric Project in Kathmandu: The construction of 900mw Arun-III Hydroelectric Project in Kathmandu in Nepal would usher all-around development and help usher in prosperity.
The project activities would boost the development of new roads, bridges and other amenities like healthcare and education.
Oli says Nepal would not allow its territory to be used against India.
Nepal's Foreign Minister discussed trade deficit with Modi: Issues related to the trade deficit and low pace of the implementation of previous agreements were addressed during the delegation level talks held between them.
Netizens (user of the Internet ) of Nepal slam Modi
Some net users reminded Modi of the border blockade enforced by India when Nepal was still reeling from the aftermath of the 2015 earthquake.
Others demanded that Modi apologize for the 135-day blockade from September 2015 to February 2016 that crippled Nepal's economy and led to tensions between the two countries.

Oli visit to India
Earlier.   K.P. Sharma Oli, Prime Minister of Nepal,was on State visit to India from April 6-8, 2018.
The two countries agreed to conduct feasibility studies regarding construction of Raxaul- Kathmandu railway line and operating Nepalese steamers to transport goods and people from Nepal to other countries. The Raxaul-Kathmandu railway link will have greater strategic importance. Experts believe that this project is likely to counter China’s dollar railway project under Belt and Road Initiative.

Other important agreements have been reached in cooperation in agriculture and hydropower sectors. 
While in New Delhi, PM Oli, along with his counterpart Narendra Modi, inaugurated the Integrated Check Post (ICP) at Birgunj, apart from the 69-km Amlekhganu-Motihari oil pipeline. The two countries also agreed to expedite the much-delayed Pancheshwar, Terai road and other infrastructure related projects.
Another landmark agreement between Nepal and India was to enhance connectivity through Inland Waterways. This could provide the landlocked country access to the sea.
Facts –
-Nepal has an area of 1,47,181 sq. kms. and a population of 2.9 crore.
- It shares a border of over 1850 kms in the east, south and west with five Indian States – Sikkim, West Bengal, Bihar, Uttar Pradesh and Uttarakhand – and in the north with the Tibet Autonomous Region of the People's Republic of China.
- The India-Nepal Treaty of Peace and Friendship of 1950 forms the bedrock of the special relations that exist between India and Nepal. Under the provisions of this Treaty, the Nepalese citizens have enjoyed unparalleled advantages in India, availing facilities and opportunities at par with Indian citizens.
- Nearly 6 million Nepali citizens live and work in India.
-Indian firms are the biggest investors in Nepal, accounting for about 40% of the total approved foreign direct investments. There are about 150 Indian ventures operating in Nepal.
- Cooperation in Water Resources primarily concerning the common rivers is one of the most important areas of our bilateral relations and has immense potential. It is estimated that around 250 small and large rivers flow from Nepal to India and constitute an important part of the Ganges river basins. These rivers have the potential to become major sources of irrigation and power for Nepal and India, but without planning, are a source of devastating floods in Nepal’s Terai region, and the Indian States of Bihar and Uttar Pradesh.
-India has played a leading role in helping the Nepalese Army (NA) in its modernization through provision of equipment and training. About 250+ training slots are provided every year for training of NA personnel in various Indian Army Training institutions
- The Gorkha Regiments of the Indian Army are raised partly by recruitment from hill districts of Nepal. Currently, about 32,000 Gorkha Soldiers from Nepal are serving in the Indian Army.
- India and Nepal have a Power Exchange Agreement since 1971 for meeting the power requirements in the border areas of the two countries, taking advantage of each other's transmission infrastructure.
- Around 6,00,000 Indians are living/domiciled in Nepal. These include businessmen and traders who have been living in Nepal for a long time, professionals (doctors, engineers, IT personnel) and labourers (including seasonal/migratory in the construction sector).

Sunday, 13th May 2018, 03:29:24 PM

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