National
Officials review progress in India-funded projects in Nepal
The fifth meeting of the Nepal-India Oversight Mechanism, co-chaired by Foreign Secretary Shanker Das Bairagi and Ambassador of India Manjeev Singh Puri, was held in Kathmandu on Wednesday.
The fifth meeting of the Nepal-India Oversight Mechanism, co-chaired by Foreign Secretary Shanker Das Bairagi and Ambassador of India Manjeev Singh Puri, was held in Kathmandu on Wednesday.
The meeting made a comprehensive review of the progress made in the implementation of bilateral projects since the fourth meeting of the mechanism held on July 6, the Ministry of Foreign Ministry (MoFA) said in a press statement.
Both sides reiterated their commitment to early completion of all bilateral economic and development cooperation projects within specified timeframe by providing required facilities and resolving difficulties in an expeditious manner, the statement added.
Officials, however, said there has not been much progress in clearing the bottlenecks despite the mechanism holding the meetings for the last one year. Our meetings with the Indian said have been positive but we are yet to see tangible results due to various reasons, an official said.
The Nepal-India Oversight Mechanism was set up as per an understanding reached in September last year during the state visit of then prime minister Pushpa Kamal Dahal. The mechanism was formed with an aim to ensure that all ongoing bilateral projects are implemented within the defined timeline.