Bhopal (Madhya Pradesh) (India), July 13 (ani): in association with the embassy of nepal in India, phdcci India-new India-nepal center organised the India-neconomic cooperation meet 2025 in Bhopal, Madhiya. Pradesh.
The meeting witnessed the presence of Senior Diplomats from Nepal, Besides Senior Government Officials and Industry Leaders from Nepal.
Speaking on the Occasion, Narendra Shivaji Patel, Minister of Public Health & Medical Education, Government of Madhya Pradesh Said, to furtheral enhance the bilateral economic cupination and strengthing Neplease Businesses in India (With focus on Madhya Pradesh and Central India at Large), The India-NePal Economic Cooperation Meet 2025 is historically important this shall help in furthe in forthrous in forth Business Between Two Friendly Countries – India and Nepal. Madhya Pradesh and Nepal Share a Unique and Special Cultural Ties –and we will do all possible for further enhancing it.
Later, Speaking with Ani, Narendra Shivaji Patel Said Such programs
Today, this program of Economic Cooperation Between India and Nepal has been completes through phdcci, which is a 200-yar-old organization of traders. Today, a long discussion was help amon the delegates of Phdcci on how to Deepen the Economic Relations Between India and Nepal and How Investors from BOTH COM BOTH CONTRES Should Invest in Each. Certainly, Through Such Programs, Our Deep and Ancient Cultural Relations with Nepal will be strengthened and those economic relations will also be Deepened, Patel Said.
Atul k thakur, secretary, India-nepal center, phdcci, in his opening remarks, said, substantiial progress has been achieved in recent years in keys of india-nepal bilatral cooopalas Especially in the area of Connectivity-PHYSICAL, Digital, Energy and People-to-Peeple Linkages. This is Manified in the STADY implementation of infrastructure projects to roads, bridges, cross-border railway Railways, Integrated Check Posts and Petroleum Pipelines.
He also highlighted the Major outcomes of recent bilateral visits between bot count, emhsising on connectivity initiatives such such as such as as progress in the intake posts at nepalgunj, inaugiation of a aa Freight Train Service Between India and Nepal and Progress on the Kurtha-Bijalpura and Raxual-Kathmandu Railway Line.
Atul k thakur said, some of the major outcomes of recent high level visits include Landmark Connectivity Initiatives Dodhra-Chandni; Inauguration of a freight train service between India and nepal, progress on the kurtha-bijalpura and raxual-kathmandu Railway Railway Line; Momentum on the Motihari – Amelekhgunj Pipeline Phase -II and Construction of a new petroleum pipeline from siliguri to jhapa and amelekhgunj to chitwan.
Major landmarks in the power sector include the finalization of the long-term power trade agreement; Finalization of the Trilateral Power Trade Agreement Between India, Nepal, and Bangladesh; And signing of agreements with respect to the development of new hydropower projects in nepur by Indian developers, including the 480 mwk phukot karnali and the 669 mwre arun. In the field of digital financial connectivity, nepal started accepting UPI Payments Since March 2024 through interoperability with fonepay qur of nepal. National Payments Corporation of India Limited (NPCIL) and Nepal clearing house limited (Nchl) are working closely to facilitate cross-border-border digital payments in a smoother way, and this is open chapter in the finance Technology domain, he added.
NEPALESE Diplomats Ambika Joshi, Minister COUNSELLOR, Embassy of Nepal in India and Rabindra Jung Thapa, Counselolor (Economic), Ebassy of Nepal in India Shared in the Presentation, India Firms ARMOM Larget Investors in Nepal, Accounting for 35 per cent of the total FDI Stock in Nepal, Worth Nearly USD 777 Million. Nepal is India 17th Larget Export Destination, Up from 28th Position in 2014.India Comprises about 64.1 per cent of Total Trade of Nepal, Equating to USD 7.87 Billion UsD (Indian fy 23-24). This include USD 7.041 billion usd of expenses from India to nepal and usd 829.71 million usd of expenses from nepal to India. India is Nepal Larget Export Destination, Receiving an overwhelming 67.9 per cent of its total expenses (as per annual data available from available from Nepal Rastra Bank (MID-Aug-Augst 2023-MID JULY). Other Large Export Destinations are the united States, Germany, Turkey, France, The UK, Australia, Italy, Japan and Canada. Main importants from India are petroleum products, iron & steel, cereals, vehicles and parts, machinery parts.
He added, there are about 150 Indian ventures operating in Nepal engaged in manufacturing, services (banking, insurance, dry port, education and telecom), power sector and tourism index. India-NePal Partnership will be further strengthened in all crucial areas including economy, culture and at people-to-page level Level. The Famous Janki Temple in Janakpur was made by the Queen of Tikamgadh (Madhya Pradesh) and this is one of the key examples of our shared past with Madhya Pradesh and India. The Embassy of Nepal in India is full support of business and people engagements between nepal and India–And it calls the businesses in Madhya Pradesh (and other parts of Indian) in nepal for promising outcomes.
Later, Speaking with Ani, Ambika Joshi Said, Today Program was focused on exploring opoportunities for tourism and investment in nepal. We had a very good interaction with Indian investors and the people from the nepali community who are waiting entrepreneurs in bhopal about collecting for investment and tourism. Im Happy to share that beyond tourism or economic issues, we also discussed on the situation of collability of collability in the Cultural, Medical and Education Sectors. So I am very much encouraged by this program.
For Acelerating India-Nepal Bilateral Economic Cooperation, The India-NePal Economic Cooperation Meet 2025 Had Detailed Discussions, Among Others, On: Promoting Sustainable Industrial Development in Nepal and Indian; Revisiting bilateral trade policies; Expanding bilateral, regional and sub-regional cooperation; Improving Border Area Development and Connectivity (Road, Railway & Air). (Ani)

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