05-07-2025
- Business
- Time Business News
Indo-Nepal Relations Ever-Expanding, Says Senior Indian Official
Kathmandu- The relationship between India and Nepal continues to grow stronger and more dynamic, described as 'ever-expanding' Additional Secretary (Northern Division) of India's Ministry of External Affairs. Addressing Nepali and Bhutanese journalists in New Delhi, Mahawar emphasized the special nature of Indo-Nepal ties, which are rooted in shared history, culture, and deep people-to-people connections.
Highlighting the enduring friendship, Mahawar noted that the two nations have maintained frequent high-level engagements, with 17 exchanges at the head-of-state or head-of-government level since May 2014. These diplomatic interactions underscore the commitment of both countries to nurturing closer cooperation in every sphere, from infrastructure to energy to people-centric development.
One of the key pillars of this ever-growing relationship is the remarkable progress in connectivity infrastructure. Projects such as the Motihari–Amlekhgunj petroleum pipeline, new railway links like Jayanagar–Bijalpura–Bardibas, and multiple Integrated Check Posts (ICPs) at Birgunj, Nepalgunj, and Bhairahawa are transforming the physical connectivity between the two countries. These developments are fostering trade, tourism, and cross-border mobility, bringing direct benefits to the people of Nepal.
Another significant area of cooperation is energy collaboration, where Nepal has made notable strides in hydropower development. Mahawar highlighted India's support in hydropower projects like the 480 MW Phukot Karnali and 669 MW Lower Arun, which will enhance Nepal's energy capacity while promoting clean energy trade in the region. India has also facilitated Nepal's electricity exports to Bangladesh, reflecting trilateral cooperation.
In addition to physical and energy connectivity, digital financial integration has emerged as a new frontier in Indo-Nepal ties. Since March 2024, UPI payments have been accepted in Nepal through interoperability with FonePay, making transactions seamless for Indian visitors. Further agreements are being pursued to simplify cross-border remittances, benefitting Nepali workers in India.
Mahawar also stressed the institutional depth of the relationship, noting that more than 40 bilateral mechanisms are operational between India and Nepal. These cover a wide range of issues including border management, economic cooperation, cultural exchange, and development projects. While the long-pending Eminent Persons' Group (EPG) Report awaits formal acceptance, the overall diplomatic engagement remains vibrant and constructive.
Concluding his remarks, Mahawar reaffirmed India's strong support for Nepal's development journey through financial assistance, infrastructure development, and cultural partnerships. As both nations continue to build on their historical ties with renewed cooperation in emerging sectors, Indo-Nepal relations are poised to reach new heights in the years ahead.
TIME BUSINESS NEWS
