Nepal's prosperity is India's shared objective: PM Modi

Asserting that India's friendship with Nepal is time-tested and unique, Prime Minister Narendra Modi on Friday said peace, stability, and eco prosperity of Kathmandu is New Delhi's shared objective.

"We share our burden during difficult times, just as we celebrate each other's achievements. As immediate neighbours and close friendly nations, peace, stability, and eco prosperity of Nepal is our shared objective," he said in a joint statement with his Nepalese counterpart Pushpa Kamal Dahal.

Prime Minister Modi lauded his counterpart for strengthening the democratic institutions in Nepal.

"We wish you every success. India stands ready and prepared to strengthen development partnership with Nepal. We will do so as per the priorities of the people and government of Nepal," he added.

The Prime Minister said continued cooperation in the field of defence and security agencies between both countries is important to guard open borders.

"Our security interests are inter-linked. We agreed that securing our societies is essential for achieving shared objectives of development and growth," he added.

The Prime Minister further said both countries have also agreed to focus on close monitoring and time bound completion of all development projects.

"We agreed to push for speedy and successful implementation of the ongoing hydropower project and development and operationalisation of transmission lines. We have agreed to showcase our shared Buddhist heritage and focus on the development of Ayurveda and other traditional systems of medicine," he said.

Prime Minister Modi expressed confidence that the discussion between both countries would further cement the centuries old relationship and write a new and glorious chapter of friendship.