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Nepal and India on Saturday signed nine different agreements during official visit by Prime Minister KP Sharma Oli.

The deals were signed between the two countries during meeting between PM Oli and his Indian counterpart Narendra Modi at Hyderabad House, New Delhi.

A  Memorandum of Understanding (MoU) has been signed between Nepal and India on utilization of USD 250 million vowed by the Indian government as post-earthquake assistance.

Likewise, MoUs were signed on strengthening of road infrastructure in Tarai region of Nepal and between Nepal Academy of Drama and Sangeet Natak Akademi of India.

Similarly, Nepal and India inked letters of exchanges on transit between Nepal and Bangladesh through Kakarvitta-Banglabandhu corridor and operation and utilization of Vishakhapatnam port.

Moreover, another letter of exchange was signed on rail transport to/from Vishakhapatnam and rail transit facility through Singhabad for Nepal’s trade with and through Bangladesh. 

On the occasion, the two prime ministers jointly inaugurated Muzzaffarpur-Dhalkebar Transmission Line.

Nepal and India have also agreed to form eminent persons group.

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