Thursday, 5th March 2015

Nepal, India to ink PTA during Modi’s visit: MoFA

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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.



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