Finance Minister Dr Mahat calls on Indian counterpart Nirmala Sitaramana

07/18/2023

New Delhi, July 18: Finance Minister Dr Prakash Sharan Mahat called on his Indian counterpart, Nirmala Sitaraman, and discussed mutual cooperation and bilateral relations on the sideline of the 3rd finance ministers and central bank governors of G-20 country meeting being held in Gujrat on 17-18th July.

During the meeting, the two finance ministers stressed on completing the India-assisted projects in Nepal on time by solving the problems surfacing on implementation, according to Finance Minister's secretariat.

Finance Minister Dr Mahat reminded that the understanding made on power export (of 10,000 kw in 10 years) from Nepal to India will help reduce trade loss between the two countries. "Both finance ministers were for collaborative approach between the two countries for trade and investment facilitation," Finance Minister Mahat's secretariat said, quoting him.

According to Finance Minister Mahat, the Indian Finance Minister had requested for quicker implementation of the integrated electronic payment as per agreement made during Nepali Prime Minister's visit to India. To this, Minister Mahat responded that efforts were underway to set up mechanism for the enforcement of the agreement.

Similarly, he informed his Indian counterpart that there was good option for Indian investment on IT sector in Nepal.

He expressed thanks to India for inviting Nepal to attend the G-20 meet.

Related News

India successfully test-fires surface-to-surface ballistic missile Agni-5

New Delhi, Oct. 28: In a major boost to its military might, India on Wednesday successfully test-fired surface-to-surface ballistic missile Agni-5 that can strike targets at ranges up to 5,000 km with a very high degree of accuracy, officials said. The test-firing was carried around 7:50 PM from APJ Abdul…

World needs $5 trillion in annual climate finance by 2030 for rapid action

Climate finance needs to rise sharply to 5 trillion U.S. dollars a year globally by 2030 to fund measures to fight climate change, researchers said on Thursday warning that transformation across economies is too slow to meet international temperature goals. From transport to agriculture and electricity, progress is lagging in…

Airstrike in Ethiopia’s Tigray kills 10, including children

Nairobi, Oct. 29: Children were among 10 people killed when an Ethiopian military airstrike hit the capital of the country’s Tigray region on Thursday, a doctor said. It was the deadliest of a new round of airstrikes that began last week as the year-long war intensifies. International calls for a cease-fire…

Modi holds extensive discussions with top EU leaders on trade, Covid-19, global issues

Rome, Oct. 29: Indian Prime Minister Narendra Modi on Friday held wide-ranging talks with the top leaders of the European Union here during which the two sides discussed deepening the India-EU friendship, particularly in areas such as trade, commerce, culture and the environment. Prime Minister Modi, who arrived here earlier…

Make India a partner in economic recovery: Indian PM Modi at G-20 summit

Rome, Oct. 30: Indian Prime Minister Narendra Modi called upon G-20 countries to make India their partner in economic recovery and resilient global supply chains. Speaking at the G-20 Summit’s inaugural session on economy and Covid in Rome on Saturday, he touched on India’s economic reforms and its willingness to…

Trump wants call logs, aide’s notes hidden from January 6 panel

Washington, Oct. 31: Former President Donald Trump is trying to block documents including call logs, drafts of remarks and speeches and handwritten notes from his chief of staff relating to the January 6 Capitol insurrection from being released to the committee investigating the riot, the National Archives revealed in a…

Video

Find Us on Facebook

From Social

Tehran, June 21: As India presses ahead with Operation Sindhu to evacuate its citizens from Iran amid intensifying hostilities in the Middle East, the Indian Embassy in Tehran has announced that, upon formal requests from the governments of Nepal and Sri…

India to evacuate Nepalese, Sri Lankan nationals from Iran amid escalating tensions    

Kathmandu, Nov. 24: The joint training exercise "SURYA KIRAN-XVII" of Nepali Army and Indian Army is starting from 24 November 2023 in Pithoragarh, India. The Nepalese army team that will participate in the exercise, which will be attended by the…

Nepal-India Joint Military Training Excerise Surya Kiran Begin Today    

New Delhi, May 5: Indian Prime Minister Narendra Modi will be the guest of honour for this year’s Bastille Day Parade in Paris scheduled to take place on July 14.  In a statement, the Ministry of External Affairs (MEA) of…

Indian PM Modi to attend Bastille Day Parade in Paris as guest of honour on July 14