"The meeting for which I have come, you will be surprised to know, it is taking place after 23 years. It reflects that for the new government, Nepal stands high on priority list," Swaraj told reporters at the airport soon after her arrival.
She was received at the airport by Nepal's Foreign Secretary Shanker Das Bairagi and given a warm welcome.
The Joint Commission meeting will take place tomorrow and will have five clusters - political, security and border issues; economic co-operation and infrastructure; trade and transit; power and water resources; and culture, education and media.
She said her visit to Nepal comes within two months of her becoming the External Affairs Minister.
"This proofs how much Nepal is important for India."
Her visit is also expected to prepare the ground for a two-day visit by Prime Minister Narendra Modi next month. Modi will arrive here on August 3 on a two-day official trip, the first bilateral visit by an Indian premier in over 17 years. In 1997, then Prime Minister I K Gujral had visited Nepal.
During her stay here, Swaraj will also call on top leadership including Nepalese Prime Minister Sushil Koirala and hold meetings with leaders across the political spectrum, including Maoist leader Prachanda.
The Indian delegation for the JCM will comprise officials from various ministries including Power, Water Resources, Commerce, Road Transport, Railways, Human Resources Development, Culture, besides the MEA and Indian Council for Cultural Relations (ICCR).
Even though the meeting of JCM was taking place after a long period, India has 25 bilateral mechanisms with Nepal where both are interacting on a regular basis.
Swaraj is here on Foreign Minister Mahendra Pandey's invitation.
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