PM to hold bilateral talks with Oli on sidelines of BIMSTEC Summit

On the sidelines of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit, Prime Minister Narendra Modi is scheduled to hold bilateral talks with his Nepal counterpart KP Sharma Oli on Friday.

During the meeting, the leaders of the two South Asian countries are likely to ink several agreements in order to boost the construction of Raxaul- Birgunj- Kathmandu railway, the Prime Minister's Office said.

The meeting will be conducted at Soaltee Crowne Plaza in Kathmandu's Tahachal Marg.

Both Nepal and India are making efforts towards further strengthen bilateral ties. PM Oli, visited India, along with his wife Radhika Shakya and a 54-member high-level delegation, in April. The leader signed scores of agreements with India, in an attempt to boost the agriculture and hydropower projects which will contribute to the overall economic growth of the Himalayan region in the near future.

The fourth BIMSTEC Summit will conclude today with the issuance of Kathmandu Statement. Nepal, the incumbent chair of BIMSTEC, will hand over the chairmanship to Sri Lanka for the hosting of the next summit.