India and Nepal to speed up implementation of projects in the Himalayan nation

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17 August 2020 Current Affairs:A virtual meeting was held between the Senior diplomats of India and Nepal to review the progress made on various India-aided developmental projects being implemented in the Himalayan nation. The meeting was held virtually due to the covid-19 pandemic. The meeting was the 8th round of talks under the aegis of the India-Nepal Oversight Mechanism. 

Highlights:
The Nepalese side was lead by the Foreign Secretary Shanker Das Bairagi and the Indian side was led by the Ambassador to Nepal Vinay Mohan Kwatra. 
The delegations represented their respective countries during the oversight mechanism meeting.
The officials assessed the progress made on various India aided development projects being implemented in Nepal.
India and Nepal officials have reviewed the status of various development projects supported by New Delhi in the Himalayan nation.
Both nations has decided to speed up their implementation against the backdrop of consistent efforts by China to draw Nepal into its sphere of influence with cheap loans and infrastructure projects.
The meeting also included the ongoing projects including the cross-border railway connectivity, construction of roads in Nepa’s Terai region, the Arun-III hydropower project, and petroleum product pipelines.

source https://naukri.sarkari-exam.in/india-and-nepal-to-speed-up-implementation-of-projects-in-the-himalayan-nation/

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