Proposes $1 billion soft credit; PTA‚ PDA in 45 days India’s Prime Minister Narendra Modi today said New Delhi was ready to accommodate Nepal’s concerns about the Treaty of Peace and Friendship and resolve boundary issues, including in Susta and Kalapani. During one-on-one meeting with Prime Minister Sushil Koirala and delegation-level talks led by the two premiers, Modi promised to take effective measures to reduce Nepal’s alarming trade-gap of some 400 billion rupees with India. Modi announced a soft credit line of one billion US dollars to be used in infrastructure development and energy projects as identified by the Nepali government. READ MORE: shar.es/LxjFn
Posted on: Mon, 04 Aug 2014 02:59:42 +0000