Nepal-India Oversight Mechanism Reaffirms Commitment to Timely Project Implementation

12 April 2017

The Governments of India and Nepal held the Third Meeting of the Nepal-India Oversight Mechanism on 12 April 2017 in Kathmandu, Nepal, to review progress made in economic and development cooperation projects between Nepal and India, in follow up to the second meeting held on 30 January 2017. Mr. Manjeev Singh Puri, Ambassador of India to Nepal, and Mr. Shanker Das Bairagi, Foreign Secretary, Nepal, co-chaired the Third Meeting.

The meeting discussed cross-border rail projects, integrated check posts, cross-border transmission lines, Arun III and Upper Karnali hydropower projects, Pancheshwar Multipurpose Project, postal roads, line-of-credit projects, and reconstruction projects, highlighting importance of early project completion. Delegates of India and Nepal committed to provide the required facilities and address challenges during implementation.

Mr. Manjeev Singh Puri, Ambassador of India to Nepal, and Mr. Shanker Das Bairagi, Foreign Secretary, Nepal, co-chaired the Meeting.

The Fourth Meeting of the Oversight Mechanism will be held in Kathmandu in mid-June 2017.

The Nepal-India Oversight Mechanism was established during Nepal Prime Minister Pushpa Kamal Dahal's state visit to India in September 2016, to ensure that all ongoing bilateral economic and development projects are implemented within the set time frame.


Related Links:

Roundtable Urges Increased India-Myanmar Connectivity, Trade

A roundtable discussion held in Myanmar noted the need to substantially increase connectivity, trade and diplomatic relations between...
Read More >>

India, Nepal Agree to Develop Bridge over Mechi River

India Prime Minister Narendra Modi and Nepal Prime Minister Sher Bahadur Deuba witnessed the signing of eight memorandums...
Read More >>

Indian Businesses Urged to Invest in Nepal at Business Forum

Nepal Prime Minister Sher Bahadur Deuba urged Indian investors to look at opportunities in Nepal at an India-Nepal...
Read More >>

ADB, Korea EXIM Bank Hold Seminar on CTEC

The Asian Development Bank (ADB) and the Export-Import Bank of Korea (Korea EXIM Bank) held a...
Read More >>

The Future of e-Governance in South Asia

South Asia is one of the fastest growing economic regions, and collaboration in the field of information and...
Read More >>

Bangladesh to Export Bandwidth

Plans to export 102.5 gigabit (Gb) per second of bandwidth from Bangladesh to its neighbors, Bhutan, Myanmar, Cambodia,...
Read More >>

Bangladesh Fast-Tracks Chittagong-Cox's Bazar Railway Project

The Government of Bangladesh is set to select two companies to construct a single-line dual-gauge railway track from...
Read More >>