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» 02/17/2010 14:43
NEPAL - INDIA
Economic and political agreements follow Nepali president’s first visit to India
by Kalpit Parajuli
In Delhi, President Ram Baran Yadav meets the Indian prime minister, gets a US$ 250 million line of credit, food aid and new links transportation links between the two countries. It is the first visit by a Nepali head of state since the fall of the monarchy in 2008. It is set to end on Saturday.

Kathmandu (AsiaNews) – India has pledged a US $250 million soft line of credit, and 80,000 tonnes in food, as well as new road and air links. This follows a meeting between Nepali President Ram Baran Yadav and Indian Prime Minister Manmohan Singh. The two countries also signed an agreement to build a polytechnic and a new convention hall near the India-Nepal border.

During the talks, Baran Yadav and Singh discussed Nepal’s difficult political and economic situation. The Indian leader reassured his guest that India would do everything to help ensure its neighbour’s stability at a time when it is still without a constitution and is governed by a coalition government. In May 2009, then Maoist Prime Minister Prachanda resigned over the failure to incorporate Maoist militias in the armed forces.

The meeting with the Indian prime Minister is Mr Baran Yadav’s first event in his visit to India, which is scheduled to end on Saturday with a visit to Indian President Prativa Patil.

This is the Nepali president’s first visit to India since the end of the monarchy in 2008. It comes at a crucial time in Indo-Nepali relations, especially after the visit by Nepali Prime Minister Madhav Kumar to China last December. On that occasion, Nepal recognised Tibet as an integral part of China, unleashing protests by the Indian government, which has been trying to resist Chinese economic expansion into the Himalaya region.


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See also
05/31/2010 NEPAL
PM Kumar Nepal refuses to resign, Maoists rise up
by Kalpit Parajuli
07/21/2008 NEPAL
Yadav first president of Nepal, Maoist candidate defeated
by Kalpit Parajuli
08/21/2007 INDIA – JAPAN
Japan and India seeking new co-operation
03/22/2010 NEPAL
Tens of thousands of people attend the funeral of ex PM Koirala, one of the fathers of Nepali democr
by Kalpit Parajuli
07/25/2008 NEPAL
Nepali nationalists call for vice-president’s resignation
by Kalpit Parajuli

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