The Ministry for Foreign Affairs (MoFA) has said that Nepal and India will sign a Power Trade Agreement (PTA) during Indian Prime Minister Narendra Modi’s Nepal visit scheduled for August 3-4.
“It is certain that a PTA will be signed during the Indian PM’s visit,” Nepal’s Minister of Foreign Affairs, Mahendra Pandey says in a press meet organized by the MoFA on Friday.
“All preparations have been made to this effect. The Council of Ministers will approve the agreement within a couple of days.”
Minister Pandey further says the 26-point understanding reached during the meeting of Nepal-India Joint Commission will be endorsed at the high level of the concerned authority.
Indian PM Modi’s visit will strengthen Nepal-India bilateral relations, the Minister says, adding that many longstanding issues will be discussed during the visit.
Indian PM Modi will arrive in Kathmandu at 10:50 a.m. Sunday morning leading a 70 to 75 member delegation that includes security advisors along with secretaries and joint securities of various ministries.
Nepali PM Sushil Koirala will receive his Indian counterpart Modi at the airport.