Popular News From Popular Sites: India's Modi heads to Nepal in regional diplomacy push

Saturday, August 2, 2014

India's Modi heads to Nepal in regional diplomacy push

India's PM Modi reacts during a meeting with Brazil's President Rousseff on the sidelines of the 6th BRICS summit at the Alvorada Palace in Brasilia By Gopal Sharma KATHMANDU (Reuters) - Indian Prime Minister Narendra Modi embarked on a visit to Nepal on Sunday to help speed up negotiations on a power trade pact that is at the center of a new effort to improve ties with a neighbor that serves as a buffer with China. His will be the first bilateral visit to Nepal by an Indian prime minister in 17 years, though Indian leaders have routinely attended regional summits in Kathmandu. Negotiators were trying to narrow down differences over the power pact aimed at harnessing Nepal's estimated 42,000 MW hydro-electric potential to meet domestic needs and also supply India's giant energy-starved economy. Nepal's politicians are at odds over the proposed energy pact.




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