Nepal PM Pushpa Kamal Dahal ‘Prachanda’ arrived on September 15, 2016 in New Delhi for a three-day state visit to India and External affairs minister Sushma Swaraj received him at the airport.
India and Nepal sign three agreements are:
1. Dollar Credit line agreement- India will provide new LoC agreement for US 750 million dollars for post-earthquake reconstruction projects in Nepal.
2. First Amendatory Dollar credit line agreement- It was signed between Government of Nepal and EXIM Bank to US 1 billion dollar Line of Credit (LoC) agreement signed in November 2014 for enabling reapportioning of unutilised funds for post-earthquake reconstruction projects in Nepal.
3. MoU for Upgradation and Improvement of Road Infrastructure in Terai Area of Nepal- It was signed between Department of Roads, Postal Highway Project of Nepal and National Highways & Infrastructure Development Corporation Limited (NHIDCL) for Project Management Consultancy Services.
Source – The Hindu
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