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Krishna in Nepal on three-day visit

world Updated: Jan 15, 2010 15:54 IST

PTI
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With the objective of enhancing and diversifying bilateral ties, External Affairs Minister SM Krishna arrived in Kathmandu on Friday on a three-day visit during which the two countries will sign four pacts entailing India's developmental assistance to Nepal.

Krishna, who is on his first visit here as External Affairs Minister, was received at the airport by Deputy Prime Minister and Foreign Minister Sujata Koirala.

"This first visit of mine is to further strengthen bilateral relations and extend it to other areas which have not been covered so far," Krishna told reporters on his arrival here.

Noting that the two countries enjoyed civilisational links and have cordial ties, he said "India's foreign policy gives topmost priority to Nepal".

The two sides will sign four pacts, including one for construction of a road in Terai. The road, that will provide better connectivity with India, will be built at a cost of Rs 680 crore.

Another pact will be in the power sector and entails electrification of five villages in Nepal. MoUs will also be signed for establishment of a Scientific and Research Centre in Nepal and providing Central Depository System facility for Nepal Stock Exchange.