India’s $3-billion investment might be gamechanger for Nepal
Within just six months at the helm, Prime Minister Narendra Modi
injected over $3 billion of investments into Nepal, a possible
gamechanger in Nepal-India relations that may entirely change the
economic landscape of the Himalayan nation. The two sides recently
reached three agreements – two in the energy sector and one on country’s
line of credit – and another landmark power trade agreement. Tapping
Nepal’s hydropower resources is a major focus in the deals signed.
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