Source: News Bharati English19 Apr 2017 13:46:40

New Delhi, April 19: Nepal’s President Bidya Devi Bhandari, who is on a five-day state visit to India, said after Nepal's political transformation, socio-economic transformation is top priority and the country was keen to benefit from India's tremendous progress while speaking at an event organized by Industry chambers CII, FICCI and Assocham on Tuesday.

Nepal President said that achievements made by India in economic, social, scientific and other fields are remarkable and Nepal is keen to benefit from India's success. She said, for Nepal, India remains the largest trading partner.  She asked Indian investors to come to Nepal and take advantage of the investment opportunities.

The President said that cooperation and partnership has become the defining feature of inter-state relationship in today’s globalised and interdependent world. She mentioned that Nepal treats private sector as partner for development and has provided various incentives for the private sector to grow including low tariff, simplification of taxes, development of trade and industry related basic infrastructure.

Later, President Pranab Mukherjee hosted a banquet in her honour. In his banquet speech, President Pranab Mukherjee said the close bonds of kinship and cooperation between India and Nepal are defined by geography and enriched by common culture and history.  Our age-old fraternal relations have been nurtured by successive Governments and leaders in both India and Nepal into a dynamic and enriching partnership. 

We consider it natural and logical that as neighbours with a unique and exemplary relationship, both nations should continuously build on our many complementarities, explore all opportunities and pursue new avenues of co-operation to our mutual benefit, he added.

The President said, India has an abiding interest in the socio-economic development of Nepal. India is committed to extending all possible support in accordance with the priorities of the people and Government of Nepal. As democratic and pluralistic nations, both India and Nepal aspire for a higher growth rate, an inclusive society, sustainable development and an external environment that facilitates our national development.

Earlier, Prime Minister Narendra Modi Yesterday called on Nepal President Bidya Devi Bhandari in New Delhi. The visiting dignitary is on a five day visit to India. This is first state visit of Bhandari after assuming office in October 2015. The visit is taking place in the backdrop of intensified bilateral engagements at the political and official levels in recent times.