India, Nepal hold Projects Portfolio Performance Review meeting

KATHMANDU: The Indian Embassy in Kathmandu and Nepal’s Ministry of Finance held the Projects Portfolio Performance Review Meeting on Thursday. During the meeting, discussions were held on ongoing projects in various sectors under the India-Nepal development cooperation framework both under grant assistance and under various lines of credit. The two sides also deliberated on potential sectors of collaboration between India and Nepal in the future, according to the Indian Embassy in Kathmandu press release. The Indian side was led by India’s Ambassador to Nepal Naveen Srivastava. For the meeting, Nepal’s Finance Minister Prakash Sharan Mahat led Nepal’s side. Representatives of concerned ministries, departments and agencies of the Nepal government involved in the implementation of projects, as well as concerned officers and officials of the Indian Embassy in Nepal, participated in the meeting.

During the meeting, Naveen Srivastava highlighted India’s robust development cooperation with Nepal. He reiterated Government of India’s (GoI) commitment and support towards working with Nepal government in the future towards development cooperation with Nepal as per the priorities set by the Nepal government.

Prakash Sharan Mahat appreciated the Indian government’s development support and highlighted its significance in advancing Nepal’s developmental efforts. He expressed Nepal government’s commitment to further enhance the cooperation between two nations in other potential sectors as well, according to the Indian Embassy. (IANS)

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