Nepal and India on Thursday signed eight memorandum of understandings (MoUs) at Hyderabad House, New Delhi.  The MoUs were exchanged during a joint press meet after the delegation level talks between the two countries.

Prior to the delegation-level talks, PM Sher Bahadur Deuba, who is on a five-day state visit to India, held talks with his Indian counterpart Narendra Modi at the Hyderabad House for almost an hour.

During the meeting between Deuba and Modi, Deputy Prime Minister and Minister for Foreign Affairs Krishna Bahadur Mahara, and Finance Minister Gyanednra Bahadur Karki from Nepali side and Indian External Affairs Minister Sushma Swaraj, National Security Advisor Ajit Doval, among other officials, were present from the Indian side.

The MoUs were exchanged by Nepali and Indian delegates in presence of PM Deuba and his Indian counterpart Narendra Modi before joint press meet.

India has agreed to use housing grant component for the reconstruction of 50,000 houses as part of post-earthquake rebuilding effort. It has also agreed to implement the reconstruction pact in education, cultural and health sector following the devastating April 2015 earthquake.

MoU signed between Nepal and India

• MoU for utilisation of housing grant component to support reconstruction of 50,000 houses
• MoU on implementation of reconstruction package in the education sector in Nepal
• MoU on implementation of reconstruction package in the cultural heritage sector in Nepal
• MoU on implementation of reconstruction package in the health sector in Nepal
• Agreement on cooperation in the field of standardisation and conformity assessment
• MoU for implementation arrangement on cost sharing, schedules and safeguard issues for construction of Mechi bridge
• MoU on drug demand reduction and prevention of illicit trafficking in narcotic drugs, psychotropic substance and precursor chemical and related matters
• MoU between the Institute of Chartered Accountants of India and the Institute of Chartered Accountants of Nepal